The AUDUSD price loses momentum – Forecast today – 26-03-2024

forex-news-aud_1AUDUSD 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

 

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