AUDUSD around the moving average – Analysis - 20-02-2018
Economies.com
2018-02-20 05:01AM UTC
The AUDUSD pair continues to fluctuate around th EMA50, starting to provide positive trades now that hint the attempt to resume the main bullish trend, supported by stochastic move at the oversold areas, waiting to breach 0.7936 level to confirm heading towards 0.8000 that represents our next main target.
Therefore, our bullish overview will remain valid in the upcoming sessions conditioned by the price stability above 0.7900.
Expected trading range for today is between 0.7850 support and 0.8000
Expected trend for today: Bullish
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