The AUDUSD price achieves some gains – Forecast today - 09-04-2024

Economies.com
2024-04-09 02:25AM UTC

AUDUSD Price Analysis

Expected Scenario

The AUDUSD price traded positively, moving away from the 0.6570$ level and reinforcing expectations of continuing the bullish trend. The way is open to achieve the awaited target at 0.6640$, with the potential to extend the bullish wave to reach 0.6728$ as a next positive station upon breaching this level.

The EMA50 continues to support the suggested bullish wave, which will remain valid as long as the price stays above 0.6570$.

Expected Trading Range

Between the support at 0.6560$ and the resistance at 0.6660$

Trend Forecast: Bullish

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