The AUDUSD pair’s decline stopped at 0.6300 barrier, to rebound upwards clearly and head towards achieving expected gains in the upcoming sessions, and the targets start by testing 0.6400 level, noting that breaching this level will extend the bullish wave to reach 0.6490 as a next positive station.
Therefore, we expect to witness more rise on the intraday basis, noting that failing to breach 0.6400 will stop the positive scenario and push the price to decline again.
The expected trading range for today is between 0.6320 support and 0.6430 resistance
The expected trend for today: Bullish
Origin: Economies
