AUDUSD Price Analysis
The AUDUSD price crawls upwards towards the EMA50, forming intraday resistance.
Stochastic loses positive momentum, reaching overbought areas, supporting the possibility of resuming the bullish trend.
Initial targets include surpassing 0.6500$ followed by 0.6450$ and 0.6410$ levels.
Support and Resistance Levels:
Support: 0.6470$
Resistance: 0.6575$
Trend Forecast: Bearish
Origin: Economies