Midday update for the AUDUSD 16-02-2021

Economies.com
2021-02-16 10:34AM UTC

The AUDUSD pair faces solid resistance at 0.7800 barrier, waiting to get positive motive that assists to push the price to reach our first waited target at 0.7820, reminding you that we expect extending the bullish wave on the short term basis to reach 0.7915, while holding above 0.725 represents key condition to continue the expected rise.

 

The expected trading range for today is between 0.7750 support and 0.7860 resistance

 

The expected trend for today: Bullish

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