Midday update for AUDUSD 17-01-2017
Economies.com
2017-01-17 11:36AM UTC
The AUDUSD pair resumes its positive trading to approach from our first main waited target at 0.7595, reinforcing our expectations for the bullish trend continuation for the rest of the day, supported by the EMA50 that keeps carrying the price from below, pointing that breaching the targeted level will extend the gains to reach 0.7833 as a next main station, while the suggested rise will remain active unless breaking 0.7448 level and holding below it.
Expected trading range for today is between 0.7400 support and 0.7595
Expected trend for today: Bullish
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