AUDUSD keeps its positive stability – Analysis - 19-10-2017

Economies.com
2017-10-19 03:45AM UTC

The AUDUSD pair provided positive trading after testing 0.7820 level again yesterday, getting continuous positive support by the EMA50, to keep the chances valid to continue the main bullish trend, which its next target located at 0.7937.

 

Therefore, we will continue to suggest the bullish bias in the upcoming sessions unless breaking 0.7820 level and holding below it, noting that breaching the targeted level will extend the bullish wave to reach 0.8125 as a next main station.

 

Expected trading range for today is between 0.7800 support and 0.7950

 

Expected trend for today: Bullish

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