Midday update for AUD USD 30/01/2015
Economies.com
2015-01-30 11:50AM UTC
The AUDUSD pair returns to push on the bearish channel’s support, while stochastic continues to lose the positive momentum, thus, our bearish overview still valid efficiently for today, and breaking 0.7740 level will reinforce these expectations that target 0.7600 mainly, while it will remain valid and active unless breaching 0.8025 level and hold above it.
Expected trading range for today is between: 0.7600 support and 0.7900 resistance.
Expected trend for today: Bearish
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