The AUDUSD tests the resistance – Analysis - 09-08-2019
Economies.com
2019-08-09 04:36AM UTC
The AUDUSD pair continues to rise to reach 0.6830 level, and as we mentioned in our recent reports, the price needs to hold below this level to keep the bearish trend scenario valid for the upcoming period, organized inside the bearish channel that appears on the chart, waiting to rebound bearishly to head towards 0.6700 followed by 0.6625 levels that represent the main targets of the expected bearish wave.
The expected trading range for today is between 0.6720 support and 0.6850
The expected trend for today: Bearish
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