Forex

Midday update for the AUDUSD 21-09-2020

2020-09-21 09:12:36 GMT (Economies.com)

The AUDUSD pair trades negatively now to attack the bullish channel’s support line, which urges caution from the upcoming trading, as continuing the decline and breaking 0.7250 will put the price under additional negative pressure to open the way to turn to decline and start correctional bearish wave, while consolidating above it will keep the bullish trend scenario will remain active that its next target located at 0.7413.

 

The expected trading range for today is between 0.7260 support and 0.7400

 

The expected trend for today: Bullish

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