The AUD/USD faces solid resistance – Analysis – 14/06/2023

forex-news-audThe AUDUSD pair finds difficulty to surpass 0.6780 level, to continue fluctuating around it, noticing that stochastic attempts to gather the positive momentum again, while the EMA50 continues to support the price form below.

Therefore, we believe that the chances valid to resume the expected bullish trend for the upcoming period, which its next main target located at 0.6925, noting that holding above 0.6725 is important to continue the suggested rise.

The expected trading range for today is between 0.6730 support and 0.6830 resistance

The expected trend for today: Bullish

Origin: Economies

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