The AUDUSD loses momentum – Analysis - 10-09-2019

Economies.com
2019-09-10 04:50AM UTC

The AUDUSD pair settles around 0.6860 since yesterday, as stochastic lost its positive momentum, while we still waiting for more rise to test the bullish channel’s resistance at 0.6900 before turning back to decline again.

 

Therefore, we will keep our positive overview unless breaking 0.6830 level and holding with a daily close below it.

 

The expected trading range for today is between 0.6830 support and 0.6900

 

The expected trend for today: Bullish

 

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