AUDUSD faces negative pressure – Analysis - 21-02-2017
Economies.com
2017-02-21 05:23AM UTC
The AUDUSD pair returns to fluctuate around the EMA50, affected by stochastic negativity, which might push the price for more negative attempts and potential test to the key support 0.7595 before turning back to rise.
In general, the overall bullish trend will remain valid as long as the price is above 0.7595, reminding you that our positive targets begin by breaching 0.7690 to reinforce the expectations of heading towards our main waited target at 0.7833.
Expected trading range for today is between 0.7600 support and 0.7770
Expected trend for today: Bullish
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