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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