Midday update for AUDUSD 23-11-2017

The AUDUSD pair continues to fluctuate at the key resistance 0.7633, and the bearish trend scenario still valid as long as the remains stable below this level, supported by the clear overbought signals that appear through stochastic, waiting to target 0.7516 level as a first station, taking into consideration that breaching 0.7633 will lead the price to achieve gains that reach to 0.7727 initially before detecting the next trend destiny clearly.

Expected trading range for today is between 0.7520 support and 0.7680

Expected trend for today: Bearish