The AUDUSD price begins positively – Forecast today – 26-06-2024

forex-news-audAUDUSD Price Analysis

Expected Scenario
The AUDUSD price trades with clear positivity now, as it rallies upwards and moves away from 0.6640$, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, and the way is open to achieve our waited target at 0.6728$.

Stochastic overlaps positively to motivate the price to provide more bullish bias on the intraday basis, noting that breaking 0.6640$ will stop the bullish trend and push the price to turn to decline.

Expected Trading Range
Between 0.6640$ support and 0.6720$ resistance.

Trend Forecast: Bullish

Origin: Economies

 

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