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AUDUSD Price Begins Positively – Forecast for Today, June 26, 2024

by Jennifer

AUDUSD Price Analysis

Expected Scenario:

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The AUDUSD price is currently trading with clear positivity, rallying upwards and moving away from 0.6640, which reinforces the expectations of continuing the bullish trend in the upcoming sessions. The way is open to achieve our awaited target at 0.6728. The Stochastic indicator overlaps positively, motivating the price to provide more bullish bias on an intraday basis. It is important to note that breaking 0.6640 will stop the bullish trend and push the price to decline.

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Expected Trading Range:

  • Support: 0.6640
  • Resistance: 0.6720

Trend Forecast:

Bullish

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