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The AUDUSD presses on the support – Analysis - 13-09-2023
The AUDUSD pair faced solid resistance at 0.6450 that hindered the mission to rise, to trade negatively now and press on the key support 0.6400, which hints heading to resume the bearish track again, but we prefer to stay aside until the price confirms its situation according to the mentioned support to detect the next destination clearly.
Note that confirming breaking 0.6400 will h the price to decline and achieve negative targets that start by visiting 0.6300 areas, while consolidating above it will push the price to recover again and head towards 0.645 as a main positive target.
The expected trading range for today is between 0.6350 support and 0.6450 resistance
The expected trend for today: Neutral
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