The AUD/USD within tight track – Analysis – 14/09/2020

aud_newsThe AUDUSD pair fluctuates within tight track around the EMA50, thus, no change to the expected bearish trend scenario on the intraday and short term basis, which depends on the price stability below 0.7350, waiting to break 0.7250 to ease the mission of heading towards our negative targets that start at 0.7135 and extend to 0.6964.

The expected trading range for today is between 0.7200 support and 0.7320

The expected trend for today: Bearish

Origin: Economies

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