The AUDUSD resumes the rise – Analysis - 18-02-2021

2021-02-18 05:09:08 GMT (Economies.com)
 

The AUDUSD pair bounced bullishly after retesting the previously breached resistance line, supported by the EMA50, waiting for more rise to visit 0.7820 as a first main target, reminding you that breaching this level will extend the bullish wave to reach 0.7915.

 

On the other hand, we should note that breaking 0.7725 followed by 0.7685 levels will stop the expected rise and press on the price to return to the correctional bearish track again.

 

The expected trading range for today is between 0.7700 support and 0.7820 resistance

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2009
-0.0017
0.1426%
1.3833
-0.0120
0.8636%
Tadawul
10127.90
18.31
0.18%
26.119
0.327
1.268%
61.386
-1.792
2.836%
65.26
-0.06
0.09%
1781.290
9.840
0.555%
 
 
Live Forex Updates