Midday update for the AUDUSD 08-04-2020
Economies.com
2020-04-08 09:40AM UTC
The AUDUSD pair fluctuates within sideways track since morning and keeps its stability above 0.6097, noticing that stochastic approaches to provide positive overlapping signal now, waiting to motivate the price to resume the expected bullish trend for today, which depends on the price stability above the mentioned level, while its next target located at 0.6236.
The expected trading range for today is between 0.6080 support and 0.6236
The expected trend for today: Bullish
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