Midday update for AUDUSD 07-08-2018

The AUDUSD pair trades with clear positivity now to approach 0.7450 level now, which urges caution from the upcoming trades, as breaching this level will push the price out of the sideways range and lead to achieve gains that start at 0.7537 and extend to 0.7600.

Until now, the sideways range will remain dominant until the price confirms breaching 0.7450 resistance or breaking 0.7310 support.

Expected trading range for today is between 0.7310 support and 0.7480

Expected trend for today: Sideways