AUDUSD attempts positively– Analysis - 21-02-2019

Economies.com
2019-02-21 05:18AM UTC

The AUDUSD pair showed new attempt to breach 0.7165 level but it didn’t settle above it, to remain confined between the mentioned resistance and 0.7085 support, which makes us continue with our neutrality until we get clearer signal for the next trend.

 

We remind you that breaching the mentioned resistance will push the price to achieve positive targets that begin at 0.7220 and extend to 0.7300, while breaking the support will put the price under negative pressure that targets 0.7000 initially.

 

The expected trading range for today is between 0.7100 support and 0.7220

 

The expected trend for today: Neutral

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