Midday update for AUDUSD 14-02-2017
Economies.com
2017-02-14 11:57AM UTC
The AUDUSD pair continues its positive trading to approach from the key resistance 0.7695, which breaching it represents the key to confirm the continuation of the bullish trend on the intraday and short term basis, waiting for more rise in the upcoming period.
Therefore, we will continue to suggest the bullish trend for today supported by the EMA50, unless breaking 0.7595 level and holding with a daily close below it, reminding you that our next main target is located at 0.7833.
Expected trading range for today is between 0.7595 support and 0.7770
Expected trend for today: Bullish
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