Midday update for AUDUSD 18-09-2018
Economies.com
2018-09-18 10:00AM UTC
The AUDUSD pair trades positively now to approach completing an inverted head and shoulders’ pattern that its signs appear on the chart, which supports the continuation of our bullish overview in the upcoming period, noting that the targets of the mentioned pattern surpass our main waited target at 0.7315 to reach 0.7370.
Therefore, we will continue to suggest the bullish trend for today unless breaking 0.7100 level and holding below it.
Expected trading range for today is between 0.7100 support and 0.7250
Expected trend for today: Bullish
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