The AUDUSD needs negative motive – Analysis - 27-08-2019
Economies.com
2019-08-27 04:57AM UTC
The AUDUSD pair settles around 0.6760 level, moving within descending triangle that we are waiting to confirm breaking it to reinforce the expectations of continuing the main bearish trend.
In general, we will continue to suggest the bearish trend in the upcoming period conditioned by the price stability below 0.6830, reminding you that our first target is represented by breaking 0.6700 to open the way to head towards 0.6615 as a next station.
The expected trading range for today is between 0.6700 support and 0.6800
The expected trend for today: Bearish
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