The AUDUSD pair provided new positive trades yesterday to approach our waited target at 0.6545, noticing that the price completed forming double bottom pattern that has positive targets that surpass the mentioned level to reach 0.6660 areas on the near-term basis.
Therefore, we will continue to suggest the bullish trend for the upcoming period as long as 0.6400 remains intact, noting that the EMA50 continues to support the expected bullish wave.
The expected trading range for today is between 0.6440 support and 0.6545 resistance
The expected trend for today: Bullish
Origin: Economies
