AUDUSD trend forecast February 21, 2025
The Australian Dollar (AUD) softens slightly against the US Dollar (USD) after the release of Judo Bank’s Purchasing Managers Index (PMI) on Friday. However, the AUD/USD pair regained momentum following US President Donald Trump’s announcement of potential advancements in trade discussions with China, alleviating market worries surrounding tariff disputes.
Investors now turn their attention to the upcoming preliminary reading of the US S&P Global Purchasing Managers Index (PMI) for February, scheduled for release later in the day, which could provide fresh insights into the broader economic landscape and influence market sentiment.
Uptrend line, trendline and breakout support zone, good premise for stable price growth next
/// BUY AUDUSD: zone 0.63700 - 0.63600
SL: 0.63350
TP: 40 - 70 - 100pips ( 0.64600 )
Safe and profitable trading
The Australian Dollar (AUD) softens slightly against the US Dollar (USD) after the release of Judo Bank’s Purchasing Managers Index (PMI) on Friday. However, the AUD/USD pair regained momentum following US President Donald Trump’s announcement of potential advancements in trade discussions with China, alleviating market worries surrounding tariff disputes.
Investors now turn their attention to the upcoming preliminary reading of the US S&P Global Purchasing Managers Index (PMI) for February, scheduled for release later in the day, which could provide fresh insights into the broader economic landscape and influence market sentiment.
Uptrend line, trendline and breakout support zone, good premise for stable price growth next
/// BUY AUDUSD: zone 0.63700 - 0.63600
SL: 0.63350
TP: 40 - 70 - 100pips ( 0.64600 )
Safe and profitable trading
Trade active
Wait for the price to touch the Buy signal by the plan
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💠 Trend analysis: XAU, BTC, Currency,...
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💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.