The AUDUSD recovers – Analysis - 03-12-2019
Economies.com
2019-12-03 05:46AM UTC
The AUDUSDLeaned on the intraday bullish channel’s support that appears in the image and bounced higher clearly to attack 0.6840 level and moves above it now, providing signals for the price head to nake an expected bullish correction in the upcoming period, in its way to test 0.7015 level initially.
Therefore, the bullish bias will be expected for today, supported by stochastic positivity, pointing that breaking 0.6755 will stop the expected rise and pushes the price to decline again.
The expected trading range for today is between 0.6800 support and 0.6900
The expected trend for today: Bullish
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