The AUDUSD is stable – Analysis 08-09-2023

usd_new_1The AUDUSD pair didn’t show any strong move in the previous sessions, thus, the bearish trend scenario will remain valid for the upcoming period without any change, supported by the negative pressure formed by the EMA50, waiting to head towards 0.6300 as a next main target, reminding you that it is important to hold below 0.6400 to continue the expected decline.

The expected trading range for today is between 0.6320 support and 0.6410 resistance

The expected trend for today: Bearish

Origin: Economies

 

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