Midday update for AUDUSD 21-02-2018
Economies.com
2018-02-21 11:08AM UTC
The AUDUSD pair fluctuates near 0.7855 level now, waiting for more of the downside moves to test 0.7820 level that represents the main target for the current bearish wave, reminding you that breaking this level will push the price to head to 0.7726 directly.
In general, we will keep preferring the bearish trend for today unless breaching 0.7936 level and holding above it.
Expected trading range for today is between 0.7770 support and 0.7900
Expected trend for today: Bearish
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