AUD USD begins to rise – Analysis - 21/10/2014
Economies.com
2014-10-21 05:19AM UTC
The AUDUSD pair opens today’s trading with clear positivity heading towards the waited to be breached critical resistance level at 0.8895, where this breach represents an important key to push the price towards extended targets reach to 0.9040 then 0.9165.
Stochastic keeps moving to the upside to support the suggested positive scenario on the intraday and short term basis, which remains valid conditioned by holding above 0.8660 level.
Expected trading range for today is between: 0.8750 support and 0.8970 resistance.
Expected trend for today: Bullish
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