Midday update for AUDUSD 11-01-2018

Economies.com
2018-01-11 10:51AM UTC

The AUDUSD pair crawls upwards gradually to approach our waited target at 0.7937, which keeps the bullish trend scenario active for today, supported by the EMA50, noting that breaching the mentioned level will extend the pair's gains to reach 0.8125 as a next main station, while the suggested rise will remain valid conditioned by holding below 0.7820.

 

Expected trading range for today is between 0.7800 support and 0.7950

 

Expected trend for today: Bullish

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