The AUDUSD within tight track – Analysis - 20-08-2019

Economies.com
2019-08-20 05:04AM UTC

The AUDUSD pair keeps fluctuating in tight track, and it keeps moving within the bearish channel that appears in the image, therefore, the bearish trend will remain valid in the upcoming period without any change, supported by the EMA50, reminding you that our next target is located at 0.6700, while achieving it requires holding below 0.6830 level.

 

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

 

The expected trend for today: Bearish

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