Midday update for AUDUSD 20-02-2019

Economies.com
2019-02-20 11:14AM UTC

The AUDUSD pair shows some slight bearish bias on its way towards a potential test to the key support 0.7085, which represents one of the next trend keys besides 0.7165 resistance, and we still waiting to breach one of these levels to detect the next destination clearly, to continue with our neutrality until now.

 

Note that the details of the expected targtes after the breach are explained in our morning report.

 

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

 

The expected trend for today: Neutral

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