The AUDUSD price reaches the target – Forecast today – 10-09-2024

forex-news-aud_1The AUDUSD price fluctuates near the waited target at 0.6640$, moving within bearish channel that supports the chances of breaking the mentioned level and open the way to continue the decline on the intraday basis, waiting to visit 0.6570$ as a next main target.

The EMA50 continues to support the suggested bearish wave, which will remain valid unless the price rallied to breach 0.6728$ and hold above it.

The expected trading range for today is between 0.6600$ support and 0.6700$ resistance

Trend forecast: Bearish

Origin: Economies

 

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