AUDUSD attempts to recover – Analysis - 20-02-2019
Economies.com
2019-02-20 05:14AM UTC
The AUDUSD pair provided clear positive trades yesterday to rally towards the key resistance 0.7165 without managing to confirm breaching it, to keep the price stuck between the trend confirmation levels represented by the mentioned resistance and 0.7085 support, which keeps our neutrality valid until now.
We remind you that breaching the mentioned resistance will push the price to achieve gains that start at 0.7220 and extend to 0.7300, while breaking the support will put the price under negative pressure that targets 0.7000 areas 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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