The AUDUSD price forecast update 25-04-2024

Economies.com
2024-04-25 09:42AM UTC

AUDUSD Price Analysis

Expected Scenario

  • The AUDUSD price resumes its positive trading clearly now to move away from 0.6500$ level.
  • This reinforces the expectations of continuing the bullish trend for the rest of the day, which depends on the price stability above the mentioned level.
  • Stochastic positivity appears clearly now, motivating the bullish sentiment.
  • Our main awaited target is located at 0.6570$.

Expected Trading Range

Between 0.6460$ support and 0.6560$ resistance.

Trend Forecast: Bullish

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