Forex

Midday update for the AUDUSD 22-08-2019

2019-08-22 10:00:44 GMT (Economies.com)

The AUDUSD pair begins to press on the symmetrical triangle’s support that appears in the chart, waiting for confirm breaking 0.6745 to get a negative motive that supports the expectations for heading towards our initial waited target at 0.6700.

 

Therefore, we will keep our bearish trend expectations for today unless breaching 0.6830 level and holding above it.

 

The expected trading range for today is between 0.6700 support and 0.6830

 

The expected trend for today: Bearish

More Analysis

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.