The AUDUSD breaks the support – Analysis - 22-09-2020

Economies.com
2020-09-22 04:06AM UTC

The AUDUSD pair broke 0.7250 level strongly and settled below it, which turns the intraday track downwards, on its way to visit 0.7100 followed by 0.6964 levels as main negative targets.

 

Therefore, the bearish bias will be suggested for today, supported by the EMA50, noting that the expected decline will remain valid unless breaching 0.7325 level and holding above it.

 

The expected trading range for today is between 0.7140 support and 0.7280

 

The expected trend for today: Bearish

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