Midday update for AUDUSD 23-02-2017
Economies.com
2017-02-23 11:36AM UTC
The AUDUSD pair keeps moving in sideways range settled above the EMA50, therefore, there is no change on the bullish trend scenario that depends on the stability above 0.7595 level, waiting for targeting 0.7833 level mainly.
We remind you that breaching 0.7690 level will ease the price mission to head towards the above mentioned target, while breaking 0.7595 will push the price to turn its intraday and short term track to the downside.
Expected trading range for today is between 0.7600 support and 0.7833
Expected trend for today: Bullish
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