The AUDUSD faces solid support – Analysis - 21-09-2021

2021-09-21 04:07:01 GMT (Economies.com)
 

The AUDUSD pair shows some slight bullish bias after finding solid support at 0.7225 level, to approach testing the intraday bearish channel’s resistance that appears on the chart, noticing that stochastic loses its positive momentum clearly, to support the chances of resuming the decline in the upcoming sessions.

 

Therefore, we will continue to suggest the bearish trend on the intraday basis conditioned by the price stability below 0.7290, noting that breaking 0.7225 will push the price to 0.7100 as a next negative station.

 

The expected trading range for today is between 0.7190 support and 0.7290 resistance

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1606
0.0036
0.3139%
1.3751
0.0123
0.9053%
Tadawul
11773.36
25.09
0.21%
23.335
0.700
3.090%
82.022
0.902
1.112%
84.86
0.86
1.02%
1767.855
13.150
0.749%
 
 
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