AUD USD attacks the support levels 08/04/2013

Economies.com
2013-04-08 05:45AM UTC

The pair declined achieving a break below the critical levels between 1.0410 and 1.0375, opening today’s trading with a price gap that puts it below 1.0375

 

Now, we prefer staying aside temporarily to be certain from the daily close according to the last level, where there is a possibility for covering the mentioned price gap, which might assist in turning the price back to the bullish track again.

 

Expected trading range for today is between: 1.0250 support and 1.0500 resistance.

 

Expected trend for today: Neutral

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