Midday update for AUDUSD 15-01-2018

Economies.com
2018-01-15 11:15AM UTC

The AUDUSD pair continued its bullish rally to breach 0.7937 level and settles above it, reinforcing the expectations of continuing the bullish trend on the intrayd and short term basis, paving the way to head towards 0.8125 as a next main target, to keep the bullish trend active for today unless breaking 0.7937 level and holding below it, as breaking this level might push the price to test 0.7820 areas before any new attempt to rise.

 

Expected trading range for today is between 0.7870 support and 0.8050

 

Expected trend for today: Bullish

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