Midday update for AUDUSD 08-08-2018

Economies.com
2018-08-08 09:45AM UTC

The AUDUSD pair shows calm negative trading now that hints heading towards visiting 0.7310 support line as suggested this morning, to keep the price within the sideways range that its resistance line located at 0.7450, waiting to surpass one of these levels to detect the next targets clearly.

 

Note that breaking 0.7400 will confirm rallying towards 0.7310 in the upcoming sessions.

 

Expected trading range for today is between 0.7340 support and 0.7500

 

Expected trend for today: Sideways

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