AUDUSD starts with strong positivity – Analysis – 01.11.2016

Dollar1The AUDUSD pair opens today’s trading with strong positivity to move away from the key support levels located between 0.7560 and 0.7595, which supports the continuation of our bullish overview efficiently in the upcoming period, paving the way to head towards our next main target at 0.7833.

Therefore, we are waiting for more rise in the upcoming sessions conditioned by the price stability above the above mentioned support levels, reminding you that breaching the targeted level will extend the pair’s gains to reach 0.8115 as a next main station.

Expected trading range for today is between 0.7595 support and 0.7770

Expected trend for today: Bullish

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Origin: Economies

 

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