The AUDUSD resumes the decline – Analysis - 13-08-2019
Economies.com
2019-08-13 05:10AM UTC
The AUDUSD pair shows calm negative trades to crawl towards our first waited target at 0.6700, noticing that stochastic begins to overlap negatively, which forms good motive that supports the expectations of achieve more decline in the upcoming sessions, reminding you that surpassing the mentioned target will push the price to 0.6625 as a next station.
Therefore, the bearish trend scenario will remain valid for today conditioned by the price stability below 0.6830.
The expected trading range for today is between 0.6700 support and 0.6800
The expected trend for today: Bearish
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