The AUDUSD price under the negative pressure – Forecast today – 24-06-2024

aud_newsAUDUSD Price Analysis

Expected Scenario
The AUDUSD price faces negative pressure to break 0.6640$ level and settles below it, to head to decline in the upcoming sessions and target 0.6570$ areas as a next main station.
Therefore, the bearish bias will be suggested for today, taking into consideration that breaching 0.6640$ again will reactivate the bullish wave that its next target reaches 0.6728$.

Expected Trading Range
The expected trading range for today is between 0.6575$ support and 0.6680$ resistance.

Trend Forecast: Bearish

Origin: Economies

 

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