Midday update for AUD USD 24/04/2015
Economies.com
2015-04-24 11:01AM UTC
The AUDUSD pair shows sideways and tight trading since morning settling below the sideways range resistance line located at 0.7840, which keeps the sideways trading scenario dominant on the intraday actions between the mentioned resistance and 0.7558 support, until the price manages to breach one of these levels.
Stochastic shows negative signal now that might push the price to head towards the above mentioned support, and to know more about the details of the expected targets after breaching one of the sideways range lines, please review our morning report.
Expected trading range for today is between 0.7620 support and 0.7870
Expected trend for today: Sideways
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