AUDUSD keeps its positive stability – Analysis – 17.06.2016

prognoz dollar3The AUDUSD pair attempted to break 0.7329 level, but it bounced higher quickly to keep its positive stability above it, which keeps the bullish trend scenario valid and active until now, supported by stochastic positivity that appears on the four hours time frame.

Therefore, we wait for targeting 0.7448 then 0.7595 levels on the near term basis, unless witnessing clear break and stability with a daily close below 0.7329 level.

Expected trading range for today is between 0.7300 support and 0.7500

Expected trend for today: Bullish

au74

Origin: Economies

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