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18.02.201908:30 Forex Analysis & Reviews: Forecast for AUD/USD on February 18, 2019

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

AUD/USD

The Australian dollar was optimistic about the growth of European currencies. Up to the Krusenstern line of the daily timeframe, the price remains 20 points, and since the signal line of the Marlin oscillator on the daily scale moved to the growth area today, which indicates significant market potential, the line resistance (0.7173) is likely to be overcome. The purpose of growth is the upper limit of the price channel 0.7246.

Exchange Rates 18.02.2019 analysis

Exchange Rates 18.02.2019 analysis

Laurie Bailey
Analytical expert of InstaForex
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