AUDUSD succeeds to breach – Analysis – 13.07.2016

newzeeland_dollarThe AUDUSD pair managed to confirm breaching 0.7595 level after closing the daily candlestick above it, to reinforce the chances of continuing the bullish trend on the short term basis, and the way is open to visit 0.7833 as a next main target.

Therefore, our positive overview will remain valid until now supported by the EMA50, conditioned by the price stability above 0.7448 level.

Expected trading range for today is between 0.7500 support and 0.7800

Expected trend for today: Bullish

au93

Origin: Economies

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