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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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