The AUDUSD tests the support – Analysis - 01-03-2019
Economies.com
2019-03-01 05:06AM UTC
The AUDUSD pair tests the intraday bullish channel’s support line at 0.7090 and still above it until now, which keeps the bullish trend scenario active until now, noting that breaking this level will put the price under more negative pressure to test 0.7045 initially.
Note that breaching 0.7145 will ease the mission of heading towards our main waited positive target at 0.7250.
The expected trading range for today is between 0.7045 support and 0.7170
The expected trend for today: Bullish
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