The AUDUSD price achieves clear gains – Forecast today – 19-06-2024

forex-news-audAUDUSD Price Analysis

Expected Scenario
The AUDUSD price rallied upwards strongly yesterday to breach 0.6640$ and settles above it, to stop the negative scenario and head to rise in the upcoming sessions, targeting 0.6728$ areas as a next main station.
Therefore, the bullish bias will be suggested for the upcoming period, noting that breaking 0.6640$ will stop the expected rise and push the price to decline again.

Expected Trading Range for Today
Between the support 0.6620$ and the resistance 0.6720$.

Trend Forecast: Bullish

Origin: Economies

 

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