The AUDUSD price loses momentum – Forecast today - 26-03-2024
Economies.com
2024-03-26 02:16AM UTC
AUDUSD Price Analysis
- The AUDUSD price crawls upwards towards the EMA50, forming intraday resistance.
- Stochastic loses positive momentum, reaching overbought areas, supporting the possibility of resuming the bullish trend.
- Initial targets include surpassing 0.6500$ followed by 0.6450$ and 0.6410$ levels.
Support and Resistance Levels:
- Support: 0.6470$
- Resistance: 0.6575$
Trend Forecast: Bearish
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