AUD/VND Trades Flat Amid Bearish Momentum
The Australian dollar has been trading flat against the Vietnamese dong today, slipping near the lows of its range. The AUD/VND pair remains below its key short- and medium-term moving averages, indicating modest downward pressure.
According to Traders Union, the current price is ₫ 18,670, with a slight decline from the latest session. Bearish momentum readings persist, with signals such as MACD, RSI, and others all indicating dominant selling activity and oversold conditions.
The analysis suggests that there is a 76% chance of further decline in the next two sessions, with an expected trading range between ₫18,566 to ₫18,753. Momentum indicators remain bearish, with MACD continuing to signal sell pressure and ADX showing a neutral trend.