Midday update for AUDUSD 29-03-2017
Economies.com
2017-03-29 11:33AM UTC
The AUDUSD pair keeps its stability above 0.7635 level, which keeps the positive scenario valid for today, and the price might witness some sideways fluctuation affected by stochastic negativity, waiting to get enough positive momentum to push trading to continue rising.
Therefore, the bullish bias will remain suggested in the upcoming period unless breaking 0.7604 level and holding below it, reminding you that our main targets begin at 0.7739 and extend to 0.7900.
Expected trading range for today is between 0.7580 support and 0.7739
Expected trend for today: Bullish
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