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20 Jun 2024

The AUDUSD price awaits more rise – Forecast today - 20-06-2024

AUDUSD Price Analysis
Expected Scenario
The AUDUSD price settles around 0.6670$ level since yesterday, waiting to resume the expected bullish wave on the intraday basis, which its next target located at 0.6728$.
Stochastic negativity interprets the reasons of the current sideways fluctuation, waiting to gather positive momentum that assist to resume the expected rise, which will remain valid unless breaking 0.6640$ and holding below it.
Expected Trading Range
Between 0.6620$ support and 0.6720$ resistance

Trend Forecast: Bullish

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