Midday update for AUDUSD 09-08-2018
Economies.com
2018-08-09 09:20AM UTC
The AUDUSD pair bounces bearishly after testing 0.7450 level this morning, to keep the price within the sideways range that appears on the chart, on its way to test this range’s support at 0.7310, reminding you that the sideways bias will remain dominant on the intraday basis until the price confirms surpassing one of the mentioned levels, noting that the details of the expected targets after the breach are explained in our morning report.
Expected trading range for today is between 0.7360 support and 0.7520
Expected trend for today: Sideways
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