15.02.2019
AUDUSD
The pair is consolidating above 0.7080 as there are no news on the US-China trade talks, as well as growing expectations that the negative background will force the RBA to stop raising interest rates further.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the level of 50% and is lowly moving down. Stoch are falling.
Trading recommendations:
If the pair goes below 0.7080, it may drop to 0.7025.
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