The AUDUSD around the moving average – Analysis - 22-03-2019
Economies.com
2019-03-22 05:19AM UTC
The AUDUSD pair hovers around the EMA50 since yesterday, while stochastic begins to get rid of its negative momentum gradually, waiting to get enough positive motive to push the price to continue the expected bullish trend on the intraday basis, which targets visiting 0.7250 level mainly.
In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.7044 level and holding below it.
The expected trading range for today is between 0.7060 support and 0.7180
The expected trend for today: Bullish
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