AUD/USD Daily Forecast – 18 February
Aussie was initially pushed higher in the course of the yesterday's session, however, pair found some amount of resistance around 0.7180 area and pulled back all the way to 0.7080 area, where pair found some amount of support. Tomorrow, focus will be on Australian job figures. We believe that any type of supportive candles around 0.7080 level initially and 0.7040 level in extension would offer short-term buying opportunity, while resistive candles above 0.72 handle and 0.7250 area in extension would be short-term selling signal.
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