The AUDUSD price forecast update 22-03-2024
Economies.com
2024-03-22 11:31AM UTC
The AUDUSD price declined strongly to confirm breaking 0.6570$ level and head towards achieving negative targets that start at 0.6500$, and the way seems open to surpass this level to target 0.6450$ followed by 0.6410$ levels as next negative stations.
Therefore, we expect to witness more decline in the upcoming sessions unless breaching 0.6570$ and holding above it.
The expected trading range for today is between 0.6490$ support and 0.6550$ resistance
Trend forecast: Bearish
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