Midday update for AUDUSD 28-07-2017

Economies.com
2017-07-28 11:17AM UTC

The AUDUSD pair settles near the bullish channel's support keeping its stability above it, while stochastic shows positive signals on the four hours' time frame.

 

Therefore, we will keep our bullish overview for today unless breaking 0.7925 level and holding below it, reminding you that our main targets begin by breaching 0.8000 to confirm extending the bullish wave towards 0.8115.

 

Expected trading range for today is between 0.7900 support and 0.8100

 

Expected trend for today: Bullish

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