The AUDUSD price attempts positively – Forecast today - 12-04-2024
Economies.com
2024-04-12 03:34AM UTC
AUDUSD Price Analysis
Expected Scenario
- AUDUSD price shows positive trades after testing 0.6500$ level.
- Stochastic loses positive momentum, indicating a potential resumption of negative trades.
- Next target is breaking 0.6500$ level to head towards 0.6410$.
- Holding below 0.6570$ is crucial for the continuation of the expected decline.
The expected trading range for today is between 0.6480$ support and 0.6585$ resistance.
Trend Forecast
Bearish
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