Midday update for AUDUSD 20-02-2018
Economies.com
2018-02-20 10:45AM UTC
The AUDUSD pair traded negatively this morning after approaching from 0.7936 level, to break 0.7900 level and moves belwo it now, which might push the price to test 0.7820 levels before it returns to rise again.
Therefore, the bearish bias will be preferred for the rest of the day unless breaching 0.7936 level and holding above it, where this breach will push the price to resume the main bullish trend that its next target at 0.8000.
Expected trading range for today is between 0.7820 support and 0.7950
Expected trend for today: Bearish for the rest of the day
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