Midday update for the AUDUSD 29-09-2022

Economies.com
2022-09-29 09:36AM UTC

The AUDUSD pair resumes its negative trading to move away from the bearish channel’s resistance, reinforcing the expectations of continuing the bearish trend for today, getting continuous negative motive by stochastic, waiting for more decline that targets 0.6360 as a first negative station, reminding you that it is important to hold below 0.6520 to continue the bearish wave.

 

The expected trading range for today is between 0.6400 support and 0.6530 resistance

 

The expected trend for today: Bearish

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