The AUDUSD needs the positive momentum – Analysis - 17-12-2019
Economies.com
2019-12-17 05:50AM UTC
The AUDUSD pair settles around 0.6870 level since yesterday, and the price is affected by stochastic negativity to show some bearish bias, but as long as the price is above 0.6770, our bullish overview will remain valid for the upcoming period, as breaking this level will stop the correctional bullish track and press on the price to decline towards 0.6670 initially.
Note that our waited positive target is located at 0.7015.
The expected trading range for today is between 0.6830 support and 0.6930
The expected trend for today: Bullish
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