AUDUSD resumes rising – Analysis - 11-01-2018
Economies.com
2018-01-11 04:52AM UTC
The AUDUSD pair provided positive trading yesterday after 0.7820 level proved its strength against the recent negative attempts, which supports the continuation of our bullish overview on the intraday and short term basis, which get continuous support by the EMA50, as our next target is located at 0.7937.
Holding above 0.7820 represents key condition to continue the expected rise, as breaking it will push the price to test 0.7727 areas initially before any new attempt to rise.
Expected trading range for today is between 0.7800 support and 0.7950
Expected trend for today: Bullish
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