AUD USD attacks the support 23/04/2013

Economies.com
2013-04-23 05:28AM UTC

The pair opens today’s trading with clear bearish bias attacking the main support level 1.0255, where this break represents the factor of stopping the previous positive expectations.

 

Therefore, we need to stay aside now to monitor the daily close according to the mentioned level, and the confirmation of this break will lead us initially to visit the sideways range’s support that appears in the image at 1.0150

 

Expected trading range for today is between: 1.0100 support and 1.0400 resistance.

 

Expected trend for today: Neutral

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