Midday update for AUDUSD 23-05-2017

Economies.com
2017-05-23 10:22AM UTC

The AUDUSD pair keeps its stability above 0.7451 level, which keeps our bullish overview active for the upcoming period, waiting to breach 0.7519 level to confirm heading towards 0.7604 on the near term basis.

 

We should note that breaking 0.7451 will put the price under the negative pressure again, to head towards testing areas that begin at 0.7383 and extend to 0.7299.

 

Expected trading range for today is between 0.7400 support and 0.7604

 

Expected trend for today: Bullish

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