AUDUSD fluctuating within a slim trading range
1/29/2018 7:15:13 AM
During Forex market activities, the AUDUSD pair required any stable directional bias and was seen fluctuating within a slim trading range, just below the 0.8105 handle.
Immediate support is fixed near the 0.8063-55 area, below which the pair is probable to speed up the corrective slide towards 0.8018 level on the way key 0.8010 psychological mark.
On the upside, momentum beyond 0.8111 immediate persistence might keep on to provoke some fresh supply near the 0.8120-32 area, above which the pair appears all set to expand its near-term bullish trajectory.
FOREX market analysis by FxErvin.