The AUDUSD price breaches the resistance – Forecast today – 21-08-2024

forex-news-audThe AUDUSD price breached 0.6728$ level clearly and ended yesterday above it, to head towards resuming the main bullish track and achieve new gains that reach 0.6800$.

Therefore, the bullish bias will be suggested in the upcoming sessions, supported by the EMA50, noting that breaking 0.6728$ will stop the expected rise and push the price to turn to decline.

The expected trading range for today is between 0.6700$ support and 0.6800$ resistance

Trend forecast: Bullish

Origin: Economies

 

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