Midday update for AUDUSD 27-06-2017
Economies.com
2017-06-27 10:42AM UTC
The AUDUSD pair succeeded to breach 0.7604 level and closed the four hours' candlestick above it, which supports the continuation of our bullish overview efficiently in the upcoming sessions, paving the way to head towards our next main target at 0.7740.
Therefore, we are waiting for more rise for the rest of the day supported by the EMA50, noting that breaking 0.7604 followed by 0.7570 levels will stop the positive overview and push the price to decline.
Expected trading range for today is between 0.7520 support and 0.7700
Expected trend for today: Bullish
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