AUDUSD attempts positively – Analysis – 19/06/2017

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD pair provided positive attempts after testing the intraday bullish channel’s support, getting positive support by the EMA50, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, which targets testing the previously recorded top at 0.7740 as a next main station.

Stochastic current negativity might push the price to test the bullish channel’s support again before turning back to rise, noting that the continuation of the bullish wave depends on holding above 0.7585 and the most important above 0.7519.

Expected trading range for today is between 0.7555 support and 0.7720

Expected trend for today: Bullish

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Origin: Economies

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