The AUDUSD needs a positive motive – Analysis - 17-01-2020

Economies.com
2020-01-17 05:36AM UTC

The AUDUSD pair fluctuates at the EMA50, as the price is affected by stochastic negativity, waiting to get enough positive motive to push the price to resume the expected bullish trend for the upcoming period, which targets 0.7015 level.

 

In general, we will keep our positive overview unless breaking 0.6880 and the most important 0.6800 levels and holding below them.

 

The expected trading range for today is between 0.6870 support and 0.6950

 

The expected trend for today: Bullish

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