The AUDUSD price confirms the break – Forecast today – 04-10-2024

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD price ended yesterday below 0.6866$ level, to confirm the beginning of the bearish correction that targets 0.6820$ followed by 0.6780$ levels as next negative stations.

Therefore, we are waiting for more expected decline in the upcoming sessions, noting that breaching 0.6866$ will stop the negative scenario and lead the price to regain the main bullish trend again.

The expected trading range for today is between 0.6790$ support and 0.6890$ resistance

Trend forecast: Bearish

Origin: Economies

 

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