Midday update for AUDUSD 15-02-2017
Economies.com
2017-02-15 12:00PM UTC
The AUDUSD pair shows some sideways fluctuation after approaching from 0.7700 barrier, and it might witness more sideways move until managing to get enough positive momentum to push trading to rise again.
In general, the expected bullish trend will remain valid and active unless breaking 0.7595 level and holding below it, supported by the EMA50 that keeps carrying the price from below, waiting to head towards 0.7833 as a next main station.
Expected trading range for today is between 0.7615 support and 0.7800
Expected trend for today: Bullish
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