AUD Analysis 13.11.2019

AUDUSD stabilizes at SMA 50, and as long as the price is below 0.6895, our bearish outlook will remain valid for today, as a breach through this level will push the price for intraday gains up to 0.7015, while the suggested bearish wave targets will be located at 0.6825 then 0.6755.

Expected trading range for today is between 0.6780 support and 0.6880 resistance.

Expected trend for today: Bearish.