The AUDUSD price breaks the support– Forecast today – 14-06-2024

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

Expected Scenario
The AUDUSD price traded with clear negativity yesterday to manage to break 0.6640$ level and hold below it, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, which targets 0.6570$ as a next main station.
Stochastic current positivity might cause some sideways fluctuation before turning back to decline again, noting that it is important to hold below 0.6640$ to continue the suggested bearish trend.

Expected Trading Range
Between 0.6570$ support and 0.6675$ resistance

Trend Forecast: Bearish

Origin: Economies

 

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