The AUDUSD price resumes the decline – Forecast today - 27-03-2024
Economies.com
2024-03-27 02:35AM UTC
AUDUSD Price Analysis
- The AUDUSD price tested the EMA50 and bounced bearishly.
- The bearish trend scenario remains valid for the upcoming period.
- The price is approaching the key support at 0.6500$.
- Breaking this level may reinforce the expectations of extending the bearish wave towards 0.6450$ followed by 0.6410$.
Our bearish overview will remain valid, with importance to hold below 0.6570$ to achieve the suggested targets.
The expected trading range for today is between 0.6470$ support and 0.6570$ resistance.
Trend forecast: Bearish
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