AUD USD visits the channel’s support 15/04/2013

Economies.com
2013-04-15 05:33AM UTC

The pair collapsed with the opening of the week’s trading reaching now the bullish channel support, which meets EMA50 to add some strength to it.

 

Therefore, we keep our bullish trend expectations unless breaking 1.0385 and holding below it, where our waited targets begin at 1.0625

 

Expected trading range for today is between: 1.0345 support and 1.0625 resistance.

 

Expected trend for today: Bullish

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