AUDUSD tests the resistance – Analysis - 27-06-2017
Economies.com
2017-06-27 04:25AM UTC
The AUDUSD pair begins today's trading with clear positivity to star testing the key resistance 0.7604, as the EMA50 formed good support base that pushed the price to rise, which hints that the price is heading to regain its main bullish track again, which will be confirmed by breaching the mentioned level and holding above it.
Therefore, the bullish trend will remain suggested in the upcoming sessions, which its next main target located at 0.7740, taking into consideration that breaking 0.7570 level will stop the suggested rise and push the price to test 0.7519 level before any new attempt to rise.
Expected trading range for today is between 0.7520 support and 0.7700
Expected trend for today: Bullish
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