Forex

The AUDUSD within tight track – Analysis - 27-10-2020

2020-10-27 04:01:59 GMT (Economies.com)

The tight range continues to dominate the AUDUSD pair’s trading, which fluctuates below the bearish channel’s resistance, which keeps our bearish overview valid as it is without any change, which targets 0.7000 followed by 0.6964 levels as next main stations, while holding below 0.7165 represents key condition to continue the expected decline.

 

The expected trading range for today is between 0.7060 support and 0.7180

 

The expected trend for today: Bearish

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