AUDUSD begins positively – Analysis - 22-02-2017

Economies.com
2017-02-22 05:32AM UTC

The AUDUSD pair opens today’s trading with clear positivity as a signal for heading towards resuming the main bullish trend after the temporary decline that controlled the last trading, therefore, we wait for more of the upside moves in the upcoming sessions, reminding you that breaching 0.7690 level will ease the price mission to head towards our next main target at 0.7833.

 

The EMA50 supports the suggested rise, which its continuation conditioned by holding above 0.7595 level.

 

Expected trading range for today is between 0.7600 support and 0.7833

 

Expected trend for today: Bullish

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