The AUDUSD price tests the support base – Forecast today – 09-07-2024

forex-news-aud_1AUDUSD Price Analysis

Expected Scenario
The AUDUSD price is testing the key support base 0.6728$ and keeps its stability above it until now, accompanied by stochastic reach to the oversold areas, waiting to motivate the price to resume the expected bullish trend on the intraday basis, which targets 0.6800$ as a next station.
The EMA50 continues to support the suggested bullish wave, reminding you that it is important to hold above 0.6728$ to achieve the waited targets.

Expected Trading Range
Between 0.6690$ support and 0.6790$ resistance.

Trend Forecast: Bullish

Origin: Economies

 

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