Midday update for AUDUSD 17-07-2017

Economies.com
2017-07-17 10:29AM UTC

The AUDUSD pair resumes its positive trading after leaning on the breached bullish chnanel’s resistance, which supports the continuation of our bullish trend expectations effecintly in the upcoming period, waiting for targeting 0.8000 level mainly.

 

In general, the expected rise will remain valid for today unless breaking 0.7805 level and holding below it.

 

Expected trading range for today is between 0.7750 support and 0.7950

 

Expected trend for today: Bullish

 

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