The AUDUSD price keeps its positive stability – Forecast today - 25-04-2024

Economies.com
2024-04-25 04:07AM UTC

AUDUSD Price Analysis

  • The AUDUSD price attempted to break 0.6500$ level but it kept its stability above it, to keep the bullish trend scenario valid and active for the upcoming period, supported by the EMA50, waiting to visit 0.6570$ as a next target.

Expected Scenarios

  • Stochastic overlaps positively to reinforce the chances of resuming the expected bullish trend, which will remain valid conditioned by the price stability above 0.6500$.

Trading Range

  • The expected trading range for today is between 0.6460$ support and 0.6560$ resistance.

Trend forecast: Bullish

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