Midday update for AUDUSD 24-05-2017

Economies.com
2017-05-24 10:25AM UTC

The AUDUSD pair leaned on 0.7451 level this morning and bounced bullishly again, which supports the continuation of our bullish overview efficiently in the upcoming sessions, which targets testing 0.7519 level initially, reminding you that breaching this level will push the price towards 0.7604 direct.

 

Therefore, the bullish bias will remain suggested for today unless breaking 0.7451 level and holding below it.

 

Expected trading range for today is between 0.7400 support and 0.7560

 

Expected trend for today: Bullish

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