Forex

Midday update for the AUDUSD 22-09-2022

2022-09-22 09:12:45 GMT (Economies.com)

The AUDUSD pair rallies upwards strongly now to approach testing the key resistance 0.6700, which makes us prefer to stay aside until we get clearer signal for the next trend, as breaching this resistance represents the key to extend the bullish wave to target 0.6760 as a next positive station, while breaking 0.6630 will press on the price to resume the main bearish trend and head towards 0.6500 as a main negative target.

 

The expected trading range for today is between 0.6600 support and 0.6710 resistance

 

The expected trend for today: Neutral

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