The AUDUSD keeps declining – Analysis - 28-01-2020

Economies.com
2020-01-28 06:01AM UTC

The AUDUSD pair shows more bearish bias to continue the expected decline on the intraday and short term basis, on its way to visit the previously recorded low at 0.6670 as a next main station.

 

The EMA50 supports the expected decline, which will remain valid unless the price rallied to breach 0.6875 level and hold above it.

 

The expected trading range for today is between 0.6700 support and 0.6800

 

The expected trend for today: Bearish

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