The AUDUSD price begins with new positivity – Forecast today – 23-10-2024

forex-news-audThe AUDUSD price finds solid resistance at 0.6697$ level and finds difficulty to breach it, as it bounced bearishly in the previous sessions, but we notice that the price begins today with new rise to test the mentioned level, waiting to breach this level to confirm opening the way to head towards 0.6744$ as a next positive station.

On the other hand, we should note that breaking 0.6650$ will stop the positive scenario and put the price under more negative pressure on the intraday and short term basis.

The expected trading range for today is between 0.6650$ support and 0.6750$ resistance

Trend forecast: Bullish

Origin: Economies

 

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