The AUDUSD price confirms the break – Forecast today - 18-03-2024
Economies.com
2024-03-18 03:16AM UTC
The AUDUSD price ended last Friday below 0.6570 level, to reinforce the expectations of continuing the bearish trend on the intraday basis, affected by the double top pattern that its signs appear on the chart, waiting to visit 0.6500 as a next main station.
The continuation of the bearish wave depends on the price stability below 0.6570 -0.6585 levels, as breaching them will lead the price to start new recovery attempts and head to test 0.6640 initially.
The expected trading range for today is between 0.6500 support and 0.6610 resistance
Trend forecast: Bearish
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