Midday update for the AUDUSD 04-06-2019
Economies.com
2019-06-04 08:51AM UTC
The AUDUSD pair crawls upwards on its way to visit 0.7044, to keep the positive scenario active for the rest of the day, noting that the bearish rebound will be expected after touching the mentioned level to resume the main bearish trend, taking into consideration that breaching this level will extend the bullish wave to reach 0.7100 followed by 0.7252 on the near term basis.
The expected trading range for today is between 0.6945 support and 0.7044
The expected trend for today: Bullish temporarily
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