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Midday update for AUDUSD 28-03-2018
The AUDUSD pair succeeded to reach our first main waited target at 0.7650, and the negative pressure formed by the EMA50 still valid, to reinforce the chances of breaking the mentioned level and open the way to head towards 0.7500 as a next target.
Therefore, we will continue to suggest the bearish trend for today conditioned by the price stability below 0.7743.
Expected trading range for today is between 0.7600 support and 0.7760
Expected trend for today: Bearish
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