AUDUSD Analysis – September 21, 2023

AUD/USD faced resistance at the level of 0.6521 and was unable to break above it. As a result, the price pulled back to around the 0.6420 area.

Based on this price action, there is a likelihood of a further decline in the pair towards the support level at 0.6356 in the coming days.

Traders should monitor the price movement and pay attention to key levels such as the resistance at 0.6521 and the support at 0.6356. These levels can provide insights into potential breakouts or reversals and help inform trading decisions.

It is important to stay updated on market developments and be prepared to adapt trading strategies accordingly.