The AUDUSD pair traded with strong positivity yesterday to succeed achieving our waited target at 0.6780, starting today with more rise to confirm breaching this level and open the way to achieve more gains on the intraday basis, to head towards 0.6850 followed by 0.6924 levels as next main targets.
Therefore, the bullish trend scenario will remain valid and active for the upcoming period, affected by the previously completed double bottom pattern, noting that the continuation of the bullish wave requires holding above 0.6780.
The expected trading range for today is between 0.6780 support and 0.6875 resistance
The expected trend for today: Bullish
Origin: Economies
