The AUDUSD price forecast update 30-04-2024

AUDUSD Price Analysis

Expected Scenario

• The AUDUSD price is facing additional negative pressure to approach our waited target at 0.6500$.
• The way seems open to surpass this level and extend the bearish wave on the intraday basis, noting that the next negative target reaches 0.6410$.
• We will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 0.6570$ and hold above it.

Expected Trading Range

Between the support at 0.6480$ and the resistance at 0.6570$.