The AUDUSD price breaches the resistance – Forecast today – 18-10-2024

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD price begins today positively to attempt to confirm breaching 0.6697$ level, which hints heading to recover on the intraday basis, targeting testing 0.6744$ initially.

Therefore, we expect to witness positive trades in the upcoming sessions, taking into consideration that failing to consolidate above 0.6697$ will put the price under new negative pressure that its next target reaches 0.6622$.

The expected trading range for today is between 0.6660$ support and 0.6760$ resistance

Trend forecast: Bullish

Origin: Economies

 

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