Midday update for AUDUSD 12-01-2017

Economies.com
2017-01-12 11:12AM UTC

The AUDUSD pair continues its bullish rally moving away from 0.7448 level, to keep the bullish trend valid for the rest of the day, and the way is open towards visiting 0.7595 level that represents the next main target.

 

The EMA50 continues to support the suggested bullish wave, and its continuation conditioned by holding above 0.7448 level.

 

Expected trading range for today is between 0.7400 support and 0.7595

 

Expected trend for today: Bullish

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