KBFX

AUDUSD 1W Outlook - Break Or Bounce

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD pair raced upwards strongly yesterday to approach from 0.7700 barrier, targeting testing 0.7740 level mainly, noting that breaching this level will extend the bullish wave to reach 0.7830 as a next Target area

-Bullish trend supported by the EMA50

Expected trading range for today is between 0.7604 support and 0.7800

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