AUDUSD breaches the resistance – Analysis - 10-10-2018
Economies.com
2018-10-10 04:35AM UTC
The AUDUSD pair achieved a clear breach to 0.7087 level and settles above it, to provide signals for the price heading to visit the bearish channel’s resistance in the upcoming sessions at 0.7230, to make the bullish trend preferred for today.
The EMA50 surpass will ease the price mission to achieve the mentioned target, taking into consideration that breaking 0.7087 and trading below it again will reactivate the bearish trend scenario that its next target located at 0.7000.
Expected trading range for today is between 0.7050 support and 0.7200
Expected trend for today: Bullish
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