The AUDUSD within sideways track – Analysis - 15-08-2019

Economies.com
2019-08-15 03:48AM UTC

The AUDUSD pair shows sideways trading in the recent sessions, keeping its stability below 0.6830, while stochastic continues to provide the negative signals on the daily tima frame.

 

Therefore, the bearish trend scenario will remain valid and active in the upcoming sessions conditioned by the price stability below 0.6830, noting that we are waiting to visit 0.6700 as a next main station.

 

The expected trading range for today is between 0.6720 support and 0.6830

 

The expected trend for today: Bearish

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