Midday update for AUD USD 21/08/2014
Economies.com
2014-08-21 11:15AM UTC
The AUDUSD pair bounces upwards after testing 0.9240 level this morning, and as long as the price is below 0.9330, the bearish correctional scenario remains dominant on the intraday trading, reminding you with the main waited target at 0.9200, which breaking it represents the key to extend the bearish wave towards 0.9080.
Expected trading range for today is between: 0.9150 support and 0.9330 resistance.
Expected trend for today: Bearish
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