AUD USD needs a confirmation 16/04/2013
Economies.com
2013-04-16 05:04AM UTC
The pair achieved a break below the bullish channel support, keeping its stability above the main support that located at 1.0240, to make the chances of the expected general rising in our recent report remain valid.
Therefore, the positivity is expected now, but the price needs to be trading above 1.0395 again to confirm heading towards 1.0600 as a first main target.
Expected trading range for today is between: 1.0245 support and 1.0550 resistance.
Expected trend for today: Bullish
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