AUDUSD Daily Analysis – Thursday, Sept. 21

No changed in our view, AUDUSD is now in a downtrend from 0.8124, the bounce from 0.7939 could be treated as correction of the downtrend.

Further decline would likely be seen after the correction, and next target would be at 0.7871, followed by 0.7807.

Only break above 0.8124 resistance could trigger another rise towards 0.8162.

AUDUSD 4-hour chart

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.