AUDUSD touches the first target – Analysis – 19/04/2016

newzeeland_dollarThe AUDUSD pair succeeded to hit our waited first main target at 0.7775 and attempts to breach, reinforcing the expectations for more of the upside track in the upcoming period, to head towards our next main target that located at 0.8000.

The EMA50 continues to support the expected bullish wave, to keep the positive expectations valid and active in the upcoming sessions conditioned by holding above 0.7525 and the most important above 0.7415.

Expected trading range for today is between 0.7700 support and 0.7900

Expected trend for today: Bullish

au26

Origin: Economies

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