ADAUSD Price Analysis June 14 2019
The pair fell for the bears in another row of selling today as bears were in full control at the intraday market. Thus moving the pair lower throughout the whole session.
Demand Level:$0.10532, $0.09962, $0.09076
Supply Level:$0.07509, $0.06612, $0.05768
ADAUSD Long term trend – Bullish
Closing within the previous day’s range, prices missed to decisively move beyond the prior’s days trading range.Thursday’s trading range has been (8.7%) positive and that’s slightly above the last month’s trading daily range with a negative value.
The trend for the daily is bullish showing an intact uptrend in the long term.
ADAUSD Short term trend – Bearish
ADAUSD breaks below the technical support level and it dominated by bears dragging the…