The AUDUSD pair provided new positive trades to breach 0.6665 level and settles above it, starting today with additional rise to attack the correctional bearish channel’s resistance, which hints heading to recover and achieve gains that we expect to start by testing 0.6780 areas.
Therefore, the bullish bias will be suggested for today, supported by moving above the EMA50, noting that breaking 0.6665 and holding below it again will stop the positive scenario and put the price under the correctional bearish pressure again.
The expected trading range for today is between 0.6650 support and 0.6770 resistance
The expected trend for today: Bullish
Origin: Economies
