The AUDUSD loses momentum – Analysis - 14-08-2019
Economies.com
2019-08-14 05:12AM UTC
The AUDUSD pair settles near 0.6830 level and still below it, noticing that stochastic loses the positive momentum clearly and begins providing negative overlapping signal, which supports the chances of resuming the expected bearish trend for the upcoming period, which depends on the price stability below the mentioned level, organized inside the bearish channel that appears on the chart, waiting to target 0.6700 level initially.
The expected trading range for today is between 0.6720 support and 0.6830
The expected trend for today: Bearish
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