The AUDUSD pair moves inside intraday bullish channel that appears on the chart, noticing that stochastic got rid of its negative momentum and begins to overlap positively now, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which its next target located at 0.6345.
Therefore, our bullish overview will remain valid and active, supported by the EMA50, reminding you that it is important to hold above 0.6400 to continue the suggested rise.
The expected trading range for today is between 0.6400 support and 0.6500 resistance
The expected trend for today: Bullish
Origin: Economies
