The AUDUSD achieves temporary gains – Analysis - 15-09-2022
Economies.com
2022-09-15 04:21AM UTC
The AUDUSD pair found solid support at 0.6700 level, to rebound bullishly and head towards achieving some intraday gains, on its way for potential test to 0.6800 level, noticing that the EMA50 forms continuous negative pressure against the price, while stochastic shows clear negative signals now.
Therefore, we will continue to suggest the overall bearish trend, which its targets begin by breaking 0.6700 to open the way to head towards 0.6610, noting that breaching 0.6800 will stop the negative scenario and lead the price to achieve more gains.
The expected trading range for today is between 0.6690 support and 0.6810 resistance
The expected trend for today: Bearish temporarily
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