Midday update for AUDUSD 14-02-2018

Economies.com
2018-02-14 10:22AM UTC

The AUDUSD pair shows slight bearish bias after the first test to the EMA50, and it might lean on the key support 0.7820 again before turning back to rise.

 

In general, we will continue to suggest the bullish trend for today conditioned by holding above the mentioned support, reminding you that our main waited targets begin at 0.7936 and extend to 0.8000.

 

Expected trading range for today is between 0.7800 support and 0.7980

 

Expected trend for today: Bullish

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