AUD USD still sideways – Analysis - 23/10/2014
Economies.com
2014-10-23 05:25AM UTC
The AUDUSD pair didn’t show any strong move since days, and continues to fluctuate within sideways range that appears on the above chart, waiting to breach 0.8895 level to confirm the continuation of the bullish trend on the intraday and short term basis.
In general, we will keep our bullish trend overview for the upcoming period unless breaking 0.8660 level and holding below it, and we might witness more sideways fluctuation until the price managed to gain enough positive momentum to push the price to rise.
Expected trading range for today is between: 0.8700 support and 0.8900 resistance.
Expected trend for today: Bullish
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