Midday update for AUDUSD 22-02-2017
Economies.com
2017-02-22 11:40AM UTC
The AUDUSD pair shows some slight bearish bias now after the first attempt to breach 0.7690 level, as the price is affected by stochastic negativity, waiting to get rid of this negativity and gain enough positive momentum to push trading to continue the main bullish trend.
In general, the bullish trend will remain valid and active for today unless breaking 0.7595 level, reminding you that our main waited target is located at 0.7833.
Expected trading range for today is between 0.7600 support and 0.7833
Expected trend for today: Bullish
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