The AUDUSD price rises calmly – Forecast today – 07-06-2024

1428657842_Foreks-AUD-USD-vyros-vo-vAUDUSD Price Analysis

Expected Scenario
The AUDUSD price shows calm bullish bias to attempt to move away from 0.6640$ level after testing it again yesterday, motivated by stochastic current positivity, to keep the bullish trend scenario active for the upcoming period, which targets 0.6728$ as a next station.
Holding above 0.6640$ is important to the continuation of the expected rise, as breaking it will put the price under negative pressure that its targets begin by visiting 0.6570$ areas.

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

Trend Forecast: Bullish

Origin: Economies

 

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