AUD/USD Daily Analysis – Friday, Feb. 22

AUD/USD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 0.7054 had completed at 0.7206 already. Further decline is still possible in the coming days and next target would be at 0.7000 area.

AUDUSD 4-hour chart

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.