The AUDUSD recovers – Analysis - 13-01-2020

Economies.com
2020-01-13 05:45AM UTC

The AUDUSD pair found difficulty to surpass the EMA50, to start providing positive trades on its way to test 0.7015 level again, making the bullish bias suggested in the upcoming sessions, supported by stochastic positivity.

 

Note that breaking 0.6875 will stop the expected rise and press on the price to visit 0.6800 level as a next negative target.

 

The expected trading range for today is between 0.6875 support and 0.6975

 

The expected trend for today: Bullish

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