Forex

The AUDUSD is stable – Analysis - 21-09-2020

2020-09-21 03:57:21 GMT (Economies.com)

The AUDUSD pair keeps its stability above the bullish channel’s support line that appears on the chart, noticing that stochastic begins overlapping positively now, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets 0.7413 level initially.

 

The EMA50 supports the expected rise, which its continuation requires holding above 0.7250.

 

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

 

The expected trend for today: Bullish

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