Midday update for AUD USD 27/11/2012
Economies.com
2012-11-27 11:06AM UTC
The pair still below the waited to be breached level at 1.0495, and might be under the control of some bearish bias because of Stochastic negativity.
The neutral attitude remains valid until achieving the mentioned breach and confirming the bullishness, on the other hand, breaking below 1.0420 will turn the intraday moves into the downside.
Expected trading range for today is between: 1.0365 support and 1.0600 resistance.
Expected trend for this week: Neutral
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