AUD USD heads towards the target 11/04/2013

Economies.com
2013-04-11 05:49AM UTC

The pair remained stable above 1.0500 which was breached yesterday, to add more confirmations to the continuation of the bullish intraday trend inside the upside channel shown in the image, while our targets begin at 1.0610 and extends to 1.0700

 

The chances to reach these targets remain valid unless 1.0380 was broken.

 

Expected trading range for today is between: 1.0455 support and 1.0650 resistance.

 

Expected trend for today: Bullish

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