The AUDUSD pair ended yesterday above 0.6780 level after the negative pressure that it witnessed in the previous sessions, to support the chances of resuming the bullish wave and head to achieve gains that start by visiting 0.6925 areas.
Therefore, the bullish bias will be suggested for today, supported by the EMA50 that adds more strength to the key support areas 0.6780, noting that breaking this level and holding below it will stop the positive scenario and push the price to turn to decline.
The expected trading range for today is between 0.6740 support and 0.6860 resistance
The expected trend for today: Bullish
Origin: Economies
