
AUDUSD 1 Jul 2024 On the daily timeframe, AUDUSD is still moving sideways and has not managed to break the resistance line to reach higher prices. The pair went through several trend changes, but none of them showed any significant changes. After being bearish earlier today, AUDUSD is at a price position of 0.66658 and is still above the kumo cloud. The stochastic chart shows an increase towards the 80 level, signaling the potential for further strengthening. However, traders should stay alert for a possible trend reversal if the pair fails to break the resistance line.