AUD USD below the support – Analysis - 25/08/2014
Economies.com
2014-08-25 05:04AM UTC
The AUDUSD pair continues to fluctuate within sideways track which remains stable below 0.9330, to keep the bearish trend valid on the intraday basis, supported by the negative signal coming from stochastic.
Our main waited target is located at 0.9200-0.9180, while breaching 0.9330 represents an initial key to push the price to turn back to the main bullish trend again.
Expected trading range for today is between: 0.9180 support and 0.9400 resistance.
Expected trend for today: Bearish
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