Midday update for AUDUSD 20-03-2017

Economies.com
2017-03-20 11:24AM UTC

The AUDUSD pair managed to hit our first target at 0.7739 and settles near it, waiting for confirming breaching this level to reinforce the expectations for more of the upside moves in the upcoming period, keeping the bullish trend expected on the intraday and short term basis.

 

Our next target located at 0.7900, while holding above 0.7604 represents an important condition for the continuation of the suggested bullish trend.

 

Expected trading range for today is between 0.7630 support and 0.7820

 

Expected trend for today: Bullish

 

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