The AUDUSD pair opens today’s trading with strong positivity to move away from 0.6665 level, reinforcing the expectations of continuing the bullish trend on the intraday basis, which targets 0.6780 mainly.
By taking a deeper look at the chart, we find that the price completed forming double bottom pattern that we expect to push the price to surpass the mentioned level and achieve additional gains that reach 0.6850 followed by 0.6924.
Therefore, we expect to witness more bullish bias in the upcoming sessions conditioned by the price stability above 0.6665.
The expected trading range for today is between 0.6690 support and 0.6790 resistance
The expected trend for today: Bullish
Origin: Economies
