Midday update for AUD USD 19/11/2012

Economies.com
2012-11-19 11:09AM UTC

The pair offers more positivity surpassing EMA50 at 1.0380, reinforcing the potential bullish trend continuation.

 

Until now, we remain neutral until getting daily close according to the mentioned level and confirming more bullishness, or breaching 1.0365 and bounding lower again.

 

Expected trading range for this week is between: 1.0100 support and 1.0650 resistance.

 

Expected trend for today: Neutral

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