AUD/USD Intraday: bullish bias above 0.7890.

AUDUSD

Trading Central 2021-02-23 16:25:07

Pivot: 0.7890

Our preference: long positions above 0.7890 with targets at 0.7940 & 0.7960 in extension.

Alternative scenario: below 0.7890 look for further downside with 0.7870 & 0.7850 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

0.7980

0.7960

0.7940

0.7911 Last

0.7890

0.7870

0.7850

Disclaimer

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