Midday update for AUD USD 31/10/2014

Economies.com
2014-10-31 10:58AM UTC

 

The AUDUSD pair shows sideways trading since morning keeping its stability above the diamond pattern that appears in the image, therefore, our positive expectation remains valid and active for today, waiting for targeting 0.8895 levels mainly, reminding you that holding above 0.8760 and 8660 levels is important for the continuation of the suggested rise.

 

Expected trading range for today is between: 0.8760 support and 0.8950 resistance.

 

Expected trend for today: Bullish

 

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