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2336.705
18.746%
83.644
2.859%
1.0703
3.0779%
5102.93
0.38%
38271.11
0.47%
17722.70
0.78%
The AUDUSD price forecast update 28-03-2024
Economies.com
2024-03-28 10:19AM UTC
AUDUSD Price Analysis
The AUDUSD price achieved initial break to 0.6500$ level and closed the last four hours’ candlestick below it, reinforcing the expectations of continuing the bearish trend for the rest of the day, to head towards targeting 0.6450$ followed by 0.6410$ levels as next main stations.
Therefore, we will continue to suggest the bearish trend on the intraday basis, noting that failing to consolidate below 0.6500$ will lead the price to attempt to recover and test 0.6570$ before any new attempt to decline.
Expected Trading Range
Support: 0.6460$
Resistance: 0.6540$
Trend forecast: Bearish
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