The AUDUSD resumes the decline – Analysis - 03-05-2019
Economies.com
2019-05-03 04:15AM UTC
The AUDUSD pair shows calm negative trading to move away gradually from 0.7044 level, reinforcing the expectations of continuing the bearish trend on the intraday and short term basis, supported by the EMA50, noting that our main waited targets begin at 0.6905 and extend to 0.6800.
We should note that the continuation of the bearish wave depends on the price stability below 0.7044.
The expected trading range for today is between 0.6920 support and 0.7044
The expected trend for today: Bearish
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