The AUDUSD within tight track – Analysis - 24-05-2019

Economies.com
2019-05-24 00:45AM UTC

The tight range keeps dominating the AUDUSD pair’s trading, which fluctuates around 0.6900, which makes us keep our bearish overview as it is for the upcoming period, supported by the EMA50 that presses negatively on the price, reminding you that our next target is located at 0.6800, while achieving it conditions holding below 0.6945.

 

The expected trading range for today is between 0.6820 support and 0.6945

 

The expected trend for today: Bearish

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