AUDUSD surpasses the first target – Analysis - 12-01-2017
Economies.com
2017-01-12 05:30AM UTC
The AUDUSD pair succeeded to reach our first main waited target at 0.7448, starting today with more bullish bias to breach this level and attempt to build support base above it, which supports the continuation of our bullish overview efficiently in the upcoming period, paving the way to head towards 0.7595 as a next main station.
Therefore, we are waiting for more rise today supported by the EMA50, noting that holding above 0.7448 represents the first protecting factor to the continuation of the suggested positive scenario.
Expected trading range for today is between 0.7400 support and 0.7595
Expected trend for today: Bullish
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