The AUDUSD price needs positive motive – Forecast today – 15-07-2024

aud_newsThe AUDUSD price finds good resistance around 0.6800$, to show some slight bearish bias, affected by stochastic negativity, waiting to resume the main bullish trend that moves organized inside the bullish channel that appears on the chart, which its next target reaches 0.6870$.

The positive support provided by the EMA50 reinforces the chances of continuing the bullish wave, which will remain valid unless breaking 0.6728$ an holding below it.

The expected trading range for today is between 0.6730$ support and 0.6830$ resistance

Trend forecast: Bullish

Origin: Economies

 

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