The AUDUSD price declines again – Forecast today – 03-10-2024

newzeeland_dollarThe AUDUSD price shows new negative trades by today’s open to attack 0.6866$ and attempts to break it, to hint heading to achieve more bearish correction in the upcoming sessions, targeting visiting 0.6820$ as a next negative station.

Therefore, the bearish bias will be suggested for today, taking into consideration that consolidating above 0.6866$ will stop the bearish wave and lead the price to resume the main bullish track again.

The expected trading range for today is between 0.6800$ support and 0.6900$ resistance

Trend forecast: Bearish

Origin: Economies

 

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