AUDUSD tests the support – Analysis - 17-01-2019
Economies.com
2019-01-17 05:13AM UTC
The AUDUSD pair trades negatively now to test the key support 0.7145, and the price needs to settle above this level to keep the bullish trend active for the upcoming period, as breaking it will push the price to decline again and head towards 0.7000 areas initially.
Until now, we will continue to suggest the bullish trend, supported by stochastic positivity, reminding you that our next main target reaches 0.7335.
Expected trading range for today is between 0.7100 support and 0.7230
Expected trend for today: Bullish
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