Midday update for AUDUSD 24-07-2017
Economies.com
2017-07-24 10:37AM UTC
The AUDUSD pair managed to breach the bullish flag pattern's resistance mentioned this morning and settled above it, reinforcing the continuation of our bullish overview efficiently for the upcoming period, opening the way to achieve our positive targets that start at 0.8000 and extend to 0.8115.
Therefore, we will be waiting for more rise for the rest of the day supported by the EMA50 unless breaking 0.7830 level and holding below it.
Expected trading range for today is between 0.7830 support and 0.8050
Expected trend for today: Bullish
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