Midday update for the AUDUSD 12-02-2021

Economies.com
2021-02-12 10:51AM UTC

The AUDUSD pair provided additional negative trades but it attempts to recover now, to keep our bullish overview that depends on the price stability above 0.7625, noting that the EMA50 supports the suggested bullish wave, which targets 0.7820 as a next station.

 

The expected trading range for today is between 0.7680 support and 0.7820 resistance

 

The expected trend for today: Bullish

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