Forex

AUDUSD completes positive pattern – Analysis - 18-02-2019

2019-02-18 05:27:16 GMT (Economies.com)

The AUDUSD pair breached 0.7135 level clearly and settled above it, to complete forming bullish pattern that we expect to push the price to test 0.7220 level initially, which turns the intraday track to rise, noting that the extended target reaches 0.7300.

 

Therefore, the bullish bias will be suggested for today unless breaking 0.7135 level and holding below it again.

 

The expected trading range for today is between 0.7100 support and 0.7220

 

The expected trend for today: Bullish

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