AUDUSD - Technical Analysis: Friday, 16/11/2018 05:42 GMT

This report is sponsored by Adax.ae

The bearish trend line was surpassed and the price moves above the exponential moving average 50 and 100, besides witnessing bullish pattern that we expect to push the price to achieve more rises in the coming period.

The next target reaches 0.7455 then 0.7600, and consolidating above 0.7110 is important to continue the expected rise.