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AUD USD Update Setup 19 - Sept - 2021

 

In the Previous last article AUD USD Weekly Setup 07 Sept 2021 I Trade Bearish on AUD USD. Here is the Update of current Daily Chart.

 

Daily Chart

 

AUDUSD Daily Chart 19092021

The AUD USD Pair is falling and break through The Channel, and the momentum indicator also showing further weakness for the Pair.  From the Weekly Chart below, the next target should be on the 100 MA but if  the Pair Reverse which I personally think is unlikely, but if it is then the target should be on the Upper Channel.

 

Weekly Chart

AUD USD Weekly Chart

 

Economic Calendar to watch for when Trading AUD USD in the coming week:

Sept, 21, 2021 RBA Meeting Minutes

Sept 23, 2021 FOMC and the Fed Interest Rate Decision