AUDUSD resumes rising – Analysis - 03-12-2018

Economies.com
2018-12-03 05:24AM UTC

The AUDUSD pair begins today with clear rise to approach 0.7400 barrier, getting positive support by stochastic and the EMA50, waiting for more rise in the upcoming sessions, as the price is organized inside the bullish channel that appears on the chart, reminding you that our next target is located at 0.7437.

 

Holding above 0.7277 and 0.7240 levels is important to continue the expected rise.

 

Expected trading range for today is between 0.7300 support and 0.7440

 

Expected trend for today: Bullish

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