The AUDUSD price begins positively – Forecast today – 06-06-2024

newzeeland_dollarAUDUSD Price Analysis

Expected Scenario
The AUDUSD price begins today with clear positivity to move away from the 0.6640$ level, reinforcing the expectations of continuing the bullish trend on the intraday basis. The way is open to achieve the waited target at 0.6728$.
The EMA50 supports the suggested bullish wave. Breaking 0.6640$ will stop the expected rise and push the price to turn to decline.

Expected Trading Range
Between 0.6630$ support and 0.6730$ resistance.

Trend Forecast: Bullish

Origin: Economies

 

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