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The AUDUSD price keeps its negative stability – Forecast today - 09-10-2024
The AUDUSD price settles below 0.6744$ level, noticing that stochastic loses its positive momentum clearly, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which targets 0.6697$ followed by 0.6655$ levels as next negative stations.
The EMA50 supports the suggested bearish wave, which will remain valid conditioned by the price stability below 0.6780$.
The expected trading range for today is between 0.6670$ support and 0.6770$ resistance
Trend forecast: Bearish
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Brent oil price suffers strong losses – Forecast today - 09-10-2024
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