Forex

AUDUSD is stable – Analysis - 15-02-2019

2019-02-15 05:06:50 GMT (Economies.com)

The AUDUSD pair settles below the EMA50, and stochastic provides negative signal now, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which its next target located at 0.7000.

 

We should note that breaching 0.7135 will stop the expected decline and lead the price to start recovery attempts on the intraday basis.

 

The expected trading range for today is between 0.7000 support and 0.7150

 

The expected trend for today: Bearish

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