Midday update for AUDUSD 25-07-2017

Economies.com
2017-07-25 10:04AM UTC

The AUDUSD pair keeps its stability above the resistace level of the bullish flag that appears in the image, to keep the positive effect of this pattern active in the upcoming period, waiting for heading to our main targets that begin at 0.8000 and extend to 0.8115.

 

Therefore, our bullish trend expectations will remain active fort the rest of the day supported by the EMA50, conditioned by holding above 0.7830 level.

 

Expected trading range for today is between 0.7830 support and 0.8050

 

Expected trend for today: Bullish

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