The AUDUSD price awaits more rise – Forecast today – 04-06-2024

forex-news-aud_1Price Analysis: AUDUSD

Expected Scenario
The AUDUSD price reached 0.6700$ barrier, and we suggest the continuation of the bullish bias to visit 0.6728$ as a main expected target for the current bullish wave, noting that breaching it will push the price to achieve additional gains that reach 0.6780$.
Therefore, we will continue to suggest the bullish trend for the upcoming period, reminding you that holding above 0.6640$ represents major condition to achieve the waited targets.

Expected Trading Range
Between 0.6630$ support and 0.6740$ resistance.

Trend Forecast: Bullish

Origin: Economies

 

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