The AUDUSD pair traded positively yesterday to approach 0.6500 barrier, waiting to get positive momentum that assist to push the price to continue the rise and achieve our main waited target at 0.6545.
Therefore, the bullish trend scenario will remain active, supported by moving above the EMA50, noting that breaking 0.6400 will stop the suggested rise and push the price to turn to decline.
The expected trading range for today is between 0.6425 support and 0.6520 resistance
The expected trend for today: Bullish
Origin: Economies
