AUDUSD leans on the support base – Analysis - 10-01-2019

The AUDUSD pair leaned on 0.7145 level that forms key support now, to resume its positive trading and approaches our first waited target at 0.7200, waiting for more rise on the short term basis, as our next target is located at 0.7335.

Therefore, we will continue to suggest the bullish bias in the upcoming period conditioned by the price stability above 0.7145.

Expected trading range for today is between 0.7120 support and 0.7270

Expected trend for today: Bullish