The AUDUSD begins positively – Analysis - 24-02-2021

Economies.com
2021-02-24 05:25AM UTC

The AUDUSD pair opens today’s trading positively in attempt to move away from 0.7900 barrier, to keep the bullish trend scenario active for the upcoming period, supported by stochastic positivity, waiting to visit 0.8000 as a next target.

 

Note that breaking 0.7875 will cause intraday turn to decline to test 0.7820 and might extend to 0.7750 areas before any new attempt to rise.

 

The expected trading range for today is between 0.7875 support and 0.8000 resistance

 

The expected trend for today: Bullish

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