The AUDUSD declines calmly – Analysis - 22-05-2019
Economies.com
2019-05-22 00:57AM UTC
The AUDUSD pair settles below 0.6900 barrier, and the EMA50 continues to press negatively on th price, waiting for more decline in the upcoming sessions, and we believe that the way is open to achieve our next target at 0.6800.
We should note that breaching 0.6945 will lead the price to achieve intraday gains and test 0.7044 areas before any new attempt to decline.
The expected trading range for today is between 0.6820 support and 0.6945
The expected trend for today: Bearish
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