AUDUSD has been trading in a narrow range since yesterday and continues to fluctuate around 0.6840, maintaining its stability above the breached resistance of the descending channel, to keep the upside scenario valid and active for today, supported by moving above SMA 50, and the price needs to get a positive incentive to contribute Pushing trading towards our next awaited target at 0.7015, while stability above 0.6840 is an important condition for the continuation of the expected rally.
Expected trading range for today is between 0.6800 support and 0.6900 resistance.
Hi trader, AUDUSD asset is in the horror now, this asset is now turning to be the full blow bearish market. I have made my good money on this asset this week, i am so happy about that. I know that the best which i could do now is to keep on selling the AUDUSD asset until it gets to the lower level of 0.6700, it can see that it could go below that level. That is the only way i could get the realize on it form selling, i am still sure that it will sell.
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