AUDUSD surpasses the first target – Analysis - 11-01-2019

Economies.com
2019-01-11 04:41AM UTC

The AUDUSD pair resumes its positive trading to start the attempts to surpass our first waited target at 0.7200, getting positive support by the EMA50, which reinforces the chances of continuing the rise in the upcoming sessions, as our next target is located at 0.7335.

 

Therefore, we are waiting for more bullish bias for today conditioned by the price stability above 0.7145.

 

Expected trading range for today is between 0.7145 support and 0.7280

 

Expected trend for today: Bullish

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