AUD USD keeps its negative stability – Analysis - 22/09/2014

Economies.com
2014-09-22 05:19AM UTC

 

 

The AUDUSD pair settles below 0.8980 level, to keep the negative pressure valid on the intraday basis, waiting to visit 0.8860 level mainly.

 

We remind you that breaking the mentioned level will extend the pair’s losses to reach 0.8660 levels, while the price needs to breach 0.8980 followed by 0.9080 level to get positive motive that assists to return the price to the main bullish track again.

 

Expected trading range for today is between: 0.8800 support and 0.9015 resistance.

 

Expected trend for today: Bearish

 

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