AUDUSD approaches from the first target – Analysis - 18-01-2017
Economies.com
2017-01-18 04:20AM UTC
The AUDUSD pair continued to rise yesterday to keep closing from the waited target at 0.7595, carried by the bullish trend line that appears on chart, supported by the EMA50, to keep the chances valid to touch the mentioned target.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions conditioned by the price stability above 0.7448, reminding you that breaching 0.7595 will lead the price to head towards 0.7833 on the near term basis.
Expected trading range for today is between 0.7460 support and 0.7660
Expected trend for today: Bullish
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