The AUDUSD needs the positive momentum – Analysis - 19-11-2020
Economies.com
2020-11-19 04:57AM UTC
The AUDUSD pair shows sideways trading since yesterday to fluctuate around 0.7300 level, and the price needs to get positive momentum that assists to push trades to resume the main bullish trend, which target 0.7413 level mainly.
In general, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 0.7255 and 0.7210 levels, noting that the EMA50 supports the suggested bullish wave.
The expected trading range for today is between 0.7240 support and 0.7370
The expected trend for today: Bullish
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