Midday update for the AUDUSD 15-09-2022

Economies.com
2022-09-15 09:15AM UTC

The AUDUSD pair stops at 0.6750 barrier, noticing that stochastic begins to overlap negatively, to support the chances of resuming the expected bearish trend for the upcoming period, which targets 0.6700 followed by 0.6610 after surpassing the previous level, while the price needs to hold below 0.6800 to achieve these targets.

 

The expected trading range for today is between 0.6690 support and 0.6810 resistance

 

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The expected trend for today: Bearish temporarily

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