The AUDUSD consolidates above the support – Analysis - 18-09-2020

2020-09-18 03:31:43 GMT (Economies.com)
 

The AUDUSD pair settles above the bullish channel’s support line, getting positive support by the EMA50, to support the chances of achieving potential gains in the upcoming sessions, on its way to test the recently recorded top at 0.7413 initially.

 

Therefore, the bullish bias will remain suggested for today, noting that breaking 0.7250 wikll stop the expected rise and press on the price to turn to decline.

 

The expected trading range for today is between 0.7260 support and 0.7400

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1964
0.0070
0.5843%
1.3314
-0.0069
0.5178%
Tadawul
8693.47
65.41
0.76%
22.696
-1.349
5.612%
45.560
2.735
6.386%
48.18
0.38
0.79%
1786.855
-79.655
4.268%
 
 
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