The AUDUSD price achieves the negative targets – Forecast today – 07-10-2024

aud_newsThe AUDUSD price surpassed 0.6820$ level to reach our second negative target at 0.6780$, noticing that the price begins today positively in attempt to resume the bullish trend again, motivated by stochastic positivity.

Therefore, the bullish bias will be suggested for today, and the targets begin by breaching 0.6820$ to open the way to head towards 0.6866$ followed by 0.6900$ levels, noting that breaking 0.6780$ will push the price to achieve more bearish correction that its next target reaches 0.6744$.

The expected trading range for today is between 0.6760$ support and 0.6860$ resistance

Trend forecast: Bullish

Origin: Economies

 

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