The AUD/USD tests the resistance – Analysis – 18/02/2022

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD pair fluctuates at 0.7205 level and keeps its stability below it until now, which keeps the bearish trend scenario active for the upcoming period, supported by stochastic negativity, reminding you that we are waiting to visit 0.7125 initially.

We remind you that breaching 0.7205 will lead the price to visit the next correctional level at 0.7275.

The expected trading range for today is between 0.7140 support and 0.7230 resistance

The expected trend for today: Bearish

Origin: Economies

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