Midday update for AUDUSD 27-07-2017
Economies.com
2017-07-27 10:05AM UTC
The AUDUSD pair shows some bearish bias to approach from testing 0.8000 barrier that turns into support now after breaching it previously, while the price moves inside bullish channel that its signs appear on chart.
Therefore, we will keep our bullish overview for the upcoming sessions conditioned by holding above 0.7970 level, reminding you that our next main target is located at 0.8115.
Expected trading range for today is between 0.7970 support and 0.8150
Expected trend for today: Bullish
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