The AUDUSD resumes the decline – Analysis - 14-05-2019
Economies.com
2019-05-14 00:43AM UTC
The AUDUSD pair resumed its negative trading to approach our waited target at 0.6905, expecting the the continuation of the bearish wave within the bearish channel that appears on the chart, as the next target extends to reach 0.6800.
Therefore, the bearish bias will remain dominant in the upcoming sessions unless the price managed to breach 0.7044 level and hold above it.
The expected trading range for today is between 0.6870 support and 0.7000
The expected trend for today: Bearish
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