Forex

The AUDUSD hits the target – Analysis - 26-09-2022

2022-09-26 04:08:20 GMT (Economies.com)

The AUDUSD pair managed to hit our waited main target at 0.6500, showing more of the bearish bias moves, to press on this level and heads towards continuing the decline on the intraday and short term basis, easing the way towards achieving new negative targets that reach 0.6420.

 

Therefore, we will keep preferring the bearish trend in the upcoming period, being aware that breaching 0.6535 might push the price to test 0.6610 levels before any new attempt to decline.

 

The expected trading range for today is between 0.6430 support and 0.6550 resistance

 

The expected trend for today: Bearish

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