Forex

Midday update for the AUDUSD 16-09-2020

2020-09-16 09:32:28 GMT (Economies.com)

The AUDUSD pair shows calm positive trades to move away from the bullish channel’s support line, reinforcing the expectations of continuing the bullish trend for the rest of the day, supported by the EMA50, which targets 0.7413 level as a next main station, reminding you that it is important to hold above 0.7260 to continue the expected rise.

 

The expected trading range for today is between 0.7280 support and 0.7380

 

The expected trend for today: Bullish

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