The AUDUSD price forecast update 12-04-2024
Economies.com
2024-04-12 10:56AM UTC
AUD/USD Price Analysis
Expected Scenario
- The AUD/USD price resumes its negative trades to attack 0.6500$ level and attempts to hold below it, reinforcing the expectations of continuing the bearish trend on the intraday basis, to head towards visiting 0.6410$ level that represent our next target, reminding you that the continuation of the bearish wave conditions the price stability below 0.6570$.
Expected Trading Range
Between 0.6480$ support and 0.6585$ resistance.
Trend Forecast: Bearish
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