The AUDUSD resumes the rise – Analysis - 25-02-2021

Economies.com
2021-02-25 05:14AM UTC

The AUDUSD pair traded with clear positivity to approach our waited target at 0.8000, to keep the bullish trend scenario active for the upcoming period, noting that surpassing the mentioned level will extend the bullish wave to reach 0.8120 as a next target.

 

On the other hand, we should note that the continuation of the bullish wave requires holding above 0.7915.

 

The expected trading range for today is between 0.7915 support and 0.8040 resistance

 

The expected trend for today: Bullish

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