Midday update for AUDUSD 22-05-2017

Economies.com
2017-05-22 10:17AM UTC

The AUDUSD pair settles near 0.7451 level and the price remains below it, which keeps our bearish trend expectations valid for today, targeting 0.7383 then 0.7299 levels mainly, reminding you that breaching 0.7451 will stop the suggested decline and leads the price to attempt to regain the main bullish trend.

 

Expected trading range for today is between 0.7340 support and 0.7519

 

Expected trend for today: Bearish

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