The AUDUSD price faces new negative pressures – Forecast today – 25-10-2024

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD price returns to decline to test the key support 0.6620$ again, which urges caution from the upcoming trading, as the price needs to hold above this level to keep the positive scenario active, which its first main target located at 0.6697$.

On the other hand, we should note that breaking 0.6620$ will stop the bullish trend and push the price to achieve new negative levels that reach 0.6575$ followed by 0.6500$.

The expected trading range for today is between 0.6580$ support and 0.6690$ resistance

Trend forecast: Bullish

Origin: Economies

 

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