AUDUSD within tight track – Analysis - 07-08-2018
Economies.com
2018-08-07 04:20AM UTC
Tthe AUDUSD pair continues to fluctuate within tight track, settling around 0.7400 level, to keep the price within the sidways range that its lines represented by 0.7310 support and 0.7450 resistance, and we still waiting to breach one of these levels to detect the next targets clearly.
We remind you that breaking the mentioned support will push the price to continue the main decline, which its next target located at 0.7200, while breaching the resistance will motivate the price to achieve positive targets that start at 0.7537.
Expected trading range for today is between 0.7310 support and 0.7480
Expected trend for today: Sideways
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