Midday update for AUD USD 24/10/2014

Economies.com
2014-10-24 11:00AM UTC

The AUDUSD pair attempts to recover and approach 0.8800 barrier now, waiting for more positivity followed by breaching 0.8895 level to confirm extending the bullish wave towards 0.9040 areas initially.

 

Therefore, the morning suggested scenario will remain valid as it is for today conditioned by holding above 0.8660 level.

 

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

 

Expected trend for today: Bullish

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