AUDUSD keeps its positive stability – Analysis – 30/11/2016

prognoz dollarThe AUDUSD pair kept its stability above 0.7448 level after retesting it yesterday, to keep the positive effect of the double bottom pattern active until now, waiting to resume the positive trading that targets 0.7595 areas initially.

Therefore, the bullish bias will remain suggested in the upcoming sessions unless breaking 0.7448 level and holding below it, as this break represents negative factor that will push the price to extend its bearish correction towards 0.7329 before any new attempt to rise.

Expected trading range for today is between 0.7400 support and 0.7595

Expected trend for today: Bullish

383

Origin: Economies

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