The AUDUSD pair continues to fluctuate around the EMA50, noticing that stochastic gathers the positive momentum clearly now, waiting to motivate the price to resume the bullish wave that targets 0.6545 as a next main station.
Therefore, the bullish trend scenario will remain valid and active, and holding above 0.6400 is important to continue the expected rise, as breaking it represents negative factor that will push the price to decline again and head towards 0.6300 areas initially.
The expected trading range for today is between 0.6425 support and 0.6520 resistance
The expected trend for today: Bullish
Origin: Economies
