AUDUSD gets a positive signal – Analysis - 17-02-2017
Economies.com
2017-02-17 05:43AM UTC
The AUDUSD pair fluctuates in sideways track since yesterday’s evening settled near 0.7700, noticing that stochastic provides positive overlapping signal on the four hours time frame, motivating the price to resume the bullish trend, waiting for heading towards 0.7833 that represents the next main target.
The EMA50 keeps supporting the price from below, to keep our bullish trend expectations valid and active unless breaking 0.7665 and the most important 0.7595 levels.
Expected trading range for today is between 0.7655 support and 0.7833
Expected trend for today: Bullish
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