The AUDUSD needs a negative motive – Analysis - 23-05-2019
Economies.com
2019-05-23 01:01AM UTC
The AUDUSD pair shows sideways and tight trading since yesterday and settles below 0.6900, thus, the bearish trend scenario will remain valid as it is without any change, depending on the price move inside the main bearish channel htat appears on the chart, suppored by the negative pressure formed by the EMA50, waiting to visit 0.6800 as a next main station, reminding you that holding below 0.6945 represents the first condition to continue the suggested decline.
The expected trading range for today is between 0.6820 support and 0.6945
The expected trend for today: Bearish
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