AUDUSD analysis 21.09.2020

The Australian dollar against the US dollar maintains its stability above the support of the ascending channel that appears in the image, and we note that the stochastic indicator starts to cross positively now, waiting for the price to stimulate the resumption of the expected bullish trend for the upcoming period, which initially targets 0.7413.

The MA 50 supports the expected rise, which requires its continuation, stability above 0.7250.

The expected trading range for today is between 0.7260 support and 0.7400 resistance

The expected general trend for today: Bullish