Midday update for AUDUSD 16-10-2018
Economies.com
2018-10-16 09:40AM UTC
The AUDUSD pair shows slight bearish bias in attempt to move away from 0.7130, to keep the bearish trend valid for today, which targets testing 0.7000 initially, reminding you that breaching 0.7130 will push the price to tst the main bearish channel’s resistance before any new attempt to decline.
Expected trading range for today is between 0.7050 support and 0.7180
Expected trend for today: Bearish
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