AUDUSD needs positive motive – Forecast – 13/09/2017

Dollar1The AUDUSD pair shows sideways and tight trading since yesterday, as it kept its stability above the main bullish trend line that appears on chart, getting positive support by the EMA50, which supports the chances of continuing the main bullish bias.

Therefore, we will continue to suggest the bullish trend in the upcoming sessions, and the targets begin at 0.8115 and extend to reach 0.8330, noting that the continuation of the bullish wave depends on holding above 0.7980.

Expected trading range for today is between 0.7980 support and 0.8130

Expected trend for today: Bullish

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Origin: Economies

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