Midday update for the AUDUSD 21-10-2020

Economies.com
2020-10-21 09:34AM UTC

The AUDUSD pair settles around 0.7080 level since morning, while stochastic enters the overbought areas now, which supports the chances of resuming the expected bearish trend for today, which depends on the price stability below 0.7175, while its next main target located at 0.6964.

 

The expected trading range for today is between 0.7000 support and 0.7120

 

The expected trend for today: Bearish

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