AUDUSD resumes rising – Analysis - 24-02-2017
Economies.com
2017-02-24 05:36AM UTC
The AUDUSD pair resumed its positive trading strongly yesterday to succeed to breach 0.7690 level and settles above 0.7700 barrier now, which supports the continuation of the bullish trend scenario efficiently in the upcoming period, and the way is open to head towards our main target at 0.7833.
Therefore, we are waiting for more rise for today, supported by the EMA50, noting that breaking 0.7670 level will push the price to test 0.7595 areas before any new attempt to rise.
Expected trading range for today is between 0.7670 support and 0.7833
Expected trend for today: Bullish
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