Forex

The AUDUSD awaits the break – Analysis - 22-08-2019

2019-08-22 04:38:41 GMT (Economies.com)

The AUDUSD pair continues to fluctuate inside the symmetrical triangle that appears on the chart, and the price needs to break 0.6745 level to activate the mentioned pattern’s negative effect followed by rallying towards our first main waited target at 0.6700.

 

In general, the bearish trend will remain suggested in the upcoming sessions conditioned by the price stability below 0.6830.

 

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

 

The expected trend for today: Bearish

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