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The AUDUSD price tests the support base – Forecast today - 05-06-2024
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The AUDUSD price tests the support base – Forecast today - 05-06-2024
Jun 4, 2024 9:54 PM

AUDUSD Price Analysis Expected Scenario The AUDUSD price faced negative pressure yesterday to test the key support 0.6640$, and kept its stability above it, accompanied by witnessing clear negative signals through stochastic, waiting to motivate the price to resume the expected bullish trend on the intraday basis, which targets 0.6728$ level as a first station. Therefore, our bullish overview will remain valid and active unless breaking 0.6640$ and holding below it. Expected Trading Range Between 0.6610$ support and 0.6710$ resistance

Trend Forecast: Bullish

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