09.08.2019
AUDUSD
The pair is trading below 0.6830 after local growth prior to the explosive demand for risk assets. If the market sentiment gets worse again, the pair will turn down.
The price is above the middle Bollinger band, above the SMA 5 and SMA 14. RSI moves horizontally above the level of 50%. Stoch are in decline.
Trading recommendations:
If the pair drops below 0.6800, it will go further down to 0.6680.
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