The AUDUSD resumes the decline – Analysis - 16-10-2019
Economies.com
2019-10-16 04:50AM UTC
The AUDUSD pair resumes its negative trades clearly to approach the first waited target at 0.6700, reinforcing the expectations of continuing the bearish trend on the intraday and short term basis, organized inside the main bearish channel, reminding you that surpassing the mentioned level will extend the bearish wave to reach 0.6595, while the expected decline will remain valid unless breaching 0.6820 level and holding above it.
The expected trading range for today is between 0.6670 support and 0.6770
The expected trend for today: Bearish
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