Midday update for AUDUSD 17-03-2017

Economies.com
2017-03-17 11:27AM UTC

The AUDUSD pair shows sideways trading in attempt to move away from the breached resistance of the bullish flag pattern, while stochastic provides clear positive signals now, which supports the continuation of our bullish overview efficiently in the upcoming period, which its targets begin at 0.7739 and extend to 0.7900.

 

Therefore, the bullish trend will remain suggested conditioned by the price stability above 0.7604.

 

Expected trading range for today is between 0.7604 support and 0.7800

 

Expected trend for today: Bullish

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