Midday update for AUDUSD 09-12-2016

Economies.com
2016-12-09 11:05AM UTC

The AUDUSD pair resumes its positive trading to approach from 0.7495 level, which represents important key to continue the recently suggested positive scenario, waiting to breach this level to activate the positive effect of the bullish pattern that has positive targets that surpass 0.7595 barrier to reach 0.7680.

 

Therefore, our bullish overview will remain active for today unless breaking 0.7405 level and holding below it.

 

Expected trading range for today is between 0.7400 support and 0.7600

 

Expected trend for today: Bullish

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