The AUDUSD price hits the target – Forecast today - 29-04-2024
Economies.com
2024-04-29 03:32AM UTC
AUDUSD Price Analysis
The AUDUSD price succeeded to achieve our waited target at 0.6570$ by today’s open, and we suggest the continuation of the bullish bias to surpass this level and achieve additional gains that reach 0.6640$.
Therefore, the bullish trend will remain valid and dominant in the upcoming sessions, supported by the EMA50, taking into consideration that failing to breach 0.6570$ will push the price to rebound bearishly and test 0.6500$ areas before any new attempt to rise.
The expected trading range for today is between 0.6525$ support and 0.6620$ resistance.
Trend forecast: Bullish
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