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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

AUDUSD 22.9.2023

Technical Analysis
Friday, September 22, 2023 - 13:40
Point Trader Group
AUDUSD 22.9.2023

General trend: decline then rise.
Expected scenario:
The pair is approaching a strong support level around 0.6360, which enhances its chances of rising to 0.6500.
Alternative scenario:
We will wait until the pair reaches the support level, and if it breaks downwards, we may sell to target 0.6300 – 0.6250.
The most important levels
resistance:
0.6500 – 0.6550
support:
0.6360 – 0.6300

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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