AUDUSD mgbake na-aga n'okpuru etiti-0.6700 n'etiti nchegbu Coronavirus ọhụrụ

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AUDUSD Nyocha Ahịa - February 13

The AUDUSD pair sank lower on Thursday and is currently near the lower end of its daily trading range, just above the 0.6700 level. The pair stopped the recent recovery from a low of a decade and on Thursday came under some pressure from sellers amid new fears about the outbreak of the deadly coronavirus.

Nzọụkwụ Isi
Usoro Nguzogide: 0.7085, 0.6878, 0.6777
Nkwado Ọkwa: 0.6670, 0.6600, 0.6570

AUDUSD termdị ogologo oge: Bearish

Oscillators on the daily chart indicate a bearish signal, although they are recovering from the lows, they still hold on to bearish territory and require some caution before making any aggressive bullish risk.

A rollback from the six-week resistance line, which is now at 0.6750 level, pulls the AUDUSD price to 0.6700 level before highlighting a monthly low near 0.6670 levels. Therefore, it would be wise to wait for some strong follow-up bulls, possibly outside the horizontal level mentioned near the middle of 0.6700 level to confirm any further
ekele.

AUDUSD termdị obere oge: Bearish

The intraday bias in AUDUSD remains neutral in the first place, and a significant drop is expected as long as the resistance level of 0.6774 holds. On the other hand, a decisive breakthrough of the low of 0.6670 level may verify the resumption of a downtrend.

However, on the other hand, a breakout of the resistance level of 0.6774 may indicate a short-term fall and a stronger rebound.

Ngwaọrụ: AUDUSD
Iwu: Ree
Ọnụ nbanye: 0.6723
Kwụsị: 0.6777
Iche: 0.6670

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