The AUD/USD leans on the moving average – Analysis – 17/07/2020

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD pair leaned on the EMA50 and begins providing calm positive trades now, accompanied by witnessing positive signals through stochastic, waiting to resume the expected bullish trend on the intraday and short term basis, which its targets begin by testing 0.7064.

Holding above 0.6895 is important to continue the expected rise, as breaking it will press on the price to visit 0.6700 before any new attempt to rise.

The expected trading range for today is between 0.6940 support and 0.7064

The expected trend for today: Bullish

Origin: Economies

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