Midday update for AUD USD 29/09/2014
Economies.com
2014-09-29 10:34AM UTC
The AUDUSD pair shows some slight bullish bias after approaching from 0.8660 level, where the price is affected by stochastic positivity, while the overall bearish trend remains valid and active for today as long as the price remains below 0.8855 level, reminding you that breaking 0.8660 level will extend the bearish wave to reach 0.8400 areas mainly.
Expected trading range for today is between: 0.8550 support and 0.8770 resistance.
Expected trend for today: Bearish
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