Midday update for AUDUSD 12-12-2017

Economies.com
2017-12-12 10:38AM UTC

The AUDUSD pair positive trading extended to test the critical resistance at 0.7575, as long as the price below thisl level, so our bearish trend expectations will remain active, waiting for bouncing lower to break 0.7516 level and opens the way towards 0.7415 as a next station, beinga ware that braeching 0.7575 will push the price to achieve more of the gains and test 0.7633 levels initially.

 

Expected trading range for today is between 0.7430 support and 0.7575

 

Expected trend for today: Bearish

 

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