Midday update for AUD USD 09/03/2015
The AUDUSD pair showed some slight bullish bias, affected by stochastic positivity, while the main bearish track remains valid within the main bearish channel that appears in the image, supported by the EMA50, and we wait for targeting 07645 then 0.7440 levels on the near basis.
We remind you that holding below 0.7830 level represents a main condition for the continuation of the downside track expectations.
Expected trading range for today is between: 0.7550 support and 0.7800 resistance.
Expected trend for today: Bearish


Thread: 
Thanks
Currently Active Users
Forex Forum India Statistics