AUDUSD within sideways track – Analysis - 18-04-2018
Economies.com
2018-04-18 03:56AM UTC
The AUDUSD pair shows more sideways trading and keeps its stability above 0.7743 level, noticing that stochastic reaches the oversold areas now, to form positive motive that we are waiting to assist to push the price to resume rising again.
Therefore, our bullish overview will remain active in the upcoming period conditioned by the price stability above 0.7743, noting that the EMA50 keeps supporting the bullish wave that its targets begin at 0.7818 and extend to 0.7893.
Expected trading range for today is between 0.7700 support and 0.7860
Expected trend for today: Bullish
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