AUDUSD keeps its positive stability – Analysis - 16-01-2018
Economies.com
2018-01-16 05:22AM UTC
The AUDUSD pair confirmed breaching 0.7937 level after closing the daily candlestick above it, which supports the continuation of our bullish overview efficiently for the upcoming period, and the way is open to target the previously recorded top at 0.8125 as a next main station.
Therefore, we are waiting for more rise on the intraday and short term basis, noting that holding above 0.7937 represents initial condition to continue the waited rise.
Expected trading range for today is between 0.7900 support and 0.8050
Expected trend for today: Bullish
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