Midday update for AUD USD 22/10/2014

Economies.com
2014-10-22 10:42AM UTC

 

The sideways range still dominates the AUDUSD pair’s , while stochastic attempts to offer bullish trend signals that support the continuation of the overall bullish trend, which its targets begin at 0.8895.

 

Therefore, the positive scenario will remain valid as it is for today unless breaking 0.8660 level and holding below it.

 

Expected trading range for today is between: 0.8700 support and 0.8900 resistance.

 

Expected trend for today: Bullish

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