AUDUSD attempts positively – Forecast – 04/09/2017

aud_newsThe AUDUSD pair resumes its positive trading after leaning on the bullish trend line, to keep the bullish trend scenario valid and active in the upcoming period, supported by the EMA50, waiting to test 0.8065 level initially.

We should note that breaching the mentioned level will push the price towards 0.8115 direct, while holding above 0.7891 represents important condition to continue the expected rise.

Expected trading range for today is between 0.7891 support and 0.8065

Expected trend for today: Bullish

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Origin: Economies

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