The AUDUSD price is recovering – Forecast today - 18-04-2024

Economies.com
2024-04-18 04:06AM UTC

Price Analysis: AUDUSD

Expected Scenario

  • The AUDUSD price couldn’t hold below the 0.6410$ level for a long time, trading with clear positivity and heading towards testing 0.6500$ as the next main station. Breaching this level will lead to additional gains, reaching 0.6570$.
  • The bullish bias will be suggested in the upcoming sessions unless the price manages to break 0.6410$ and hold with a daily close below it.

Expected Outcome

The expected trading range for today is between 0.6410$ support and 0.6510$ resistance.

Trend Forecast: Bullish

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