The AUDUSD price returns to the channel – Forecast today – 27-09-2024

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD price traded with clear positivity, as it reached the recently recorded high at 0.6907$, and returns to the bullish channel to support the continuation of the expected bullish trend on the intraday basis, which its next target reaches 0.6965$.

Stochastic current negativity might cause some temporary sideways fluctuation before resuming the expected bullish trend, which will remain valid conditioned by the price stability above 0.6840$.

The expected trading range for today is between 0.6840$ support and 0.6940$ resistance

Trend forecast: Bullish

Origin: Economies

 

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