The AUDUSD price begins positively – Forecast today – 15-08-2024

newzeeland_dollarThe AUDUSD price tested the key support 0.6570$, noticing that the price begins today with clear rise to resume the expected bullish trend on the intraday basis, waiting to breach 0.6640$ level to confirm opening the way to head towards 0.6728$.

Stochastic overlaps positively to reinforce the expectations to rise in the upcoming sessions, which will remain valid conditioned by the price stability above 0.6570$.

The expected trading range for today is between 0.6570$ support and 0.6680$ resistance

Trend forecast: Bullish

Origin: Economies

 

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