Midday update for AUDUSD 20-07-2017

Economies.com
2017-07-20 09:54AM UTC

The AUDUSD pair bounced downwards clearly after approaching from 0.8000 barrier this morning, to move around 0.7900 level now, and as long as the price is above 0.7830, the bullish trend scenario will remain active for the upcoming period, supported by the EMA50, reminding you that breaching 0.8000 will push the price to head towards 0.8115 as a next main target.

 

Expected trading range for today is between 0.7900 support and 0.8080

 

Expected trend for today: Bullish

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