Midday update for AUDUSD 19-02-2019
Economies.com
2019-02-19 12:03PM UTC
The AUDUSD pair crawls downwards gradually to approach the key support 0.7085, which represents one of the next trend keys besides 0.7165 resistance, and as we mentioned this morning, the price needs to breach one of these levels to detect its next targets clearly, which makes us continue with our neutrality until now, noting that the expected targets after the breach are explained in our morning report.
The expected trading range for today is between 0.7050 support and 0.7165
The expected trend for today: Neutral
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