The AUDUSD tests the moving average – Analysis - 12-11-2019

Economies.com
2019-11-12 05:44AM UTC

The AUDUSD pair tests the EMA50 now, waiting for surpassing this level to ease the price mission to achieve our negative targets that begin at 0.6825 and extend to 0.6755.

 

In general, we will keep preferring the bearish trend in the upcoming period unless breaching 0.6895 level and holding above it.

 

The expected trading range for today is between 0.6780 support and 0.6880

 

The expected trend for today: Bearish

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