Midday update for AUDUSD 10-01-2017
Economies.com
2017-01-10 11:05AM UTC
The AUDUSD pair keeps its stability above the support base that formed above 0.7329 level, to keep the bullish trend scenario active until now, supported by the EMA50 that keeps carrying the price from below, waiting for testing 0.7448 level initially.
Holding above 0.7329 level important for the continuation of the suggested rise, pointing that breaching the targeted level will extend the pair’s gains to reach 0.7595 as a next main station.
Expected trading range for today is between 0.7300 support and 0.7500
Expected trend for today: Bullish
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