Midday update for AUDUSD 20-10-2017
Economies.com
2017-10-20 10:59AM UTC
The AUDUSD pair keeps its stability above 0.7820 level until now, while stochastic heads towards the oversold areas now in attempt to gain the positive momentum and motivate the price to resume the main bullish trend.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions supported by the EMA50, noting that our first target is represented by testing 0.7937.
Expected trading range for today is between 0.7800 support and 0.7950
Expected trend for today: Bullish
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