Forex

The AUDUSD faces the moving average – Analysis - 19-03-2019

2019-03-19 05:07:23 GMT (Economies.com)

The AUDUSD pair continues to fluctuate at the EMA50 that blocks the mission to rise, and the price needs to surpass this barrier to confirm the continuation of the bullish trend in the upcoming sessions, as our next main target is located at 0.7250.

 

In general, we will continue to suggest the bullish trend on the intraday basis unless breaking 0.7044 level and holding with a daily close below it.

 

The expected trading range for today is between 0.7060 support and 0.7200

 

The expected trend for today: Bullish

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