The AUDUSD presses on the support – Analysis - 19-08-2022
Economies.com
2022-08-19 04:19AM UTC
The AUDUSD pair presses negatively on 0.6910 level and attempts to confirm breaking it, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, waiting to visit 0.6825 as a next target.
The EMA50 continues to support the suggested bearish wave, which will remain valid unless the price rallied to breach 0.6980 and hold above it.
The expected trading range for today is between 0.6840 support and 0.6950 resistance
The expected trend for today: Bearish
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