Midday update for AUD USD 22/07/2014
Economies.com
2014-07-22 10:48AM UTC
The AUDUSD pair provides slight positive attempts since morning surpassing the EMA50, and the price is affected by stochastic positivity, while the trading remains within the sideways range that appears in the above chart represented by 0.9330 support and 0.9445 resistance.
Until the AUDUSD price succeeds to surpass one of these levels, the sideways trading will remain preferred, and to recognize the expected targets form the breach, please take a look at our morning report.
Expected trading range for today is between: 0.9250 support and 0.9500 resistance.
Expected trend for today: Sideways
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