The AUDUSD keeps declining – Analysis - 14-06-2019
Economies.com
2019-06-14 04:46AM UTC
The AUDUSD pair continues to decline to gradually approach our first waited target at 0.6860, to keep the negative scenario active in the upcoming sessions, which its targets extend to reach 0.6707 on the near term basis.
The EMA50 supports the decline expectations, noting that breaching 0.6970 will push the price to test the most important resistance to the short term trades at 0.7044 before any new attempt to decline.
The expected trading range for today is between 0.6840 support and 0.6950
The expected trend for today: Bearish
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