The AUDUSD pair shows positive trades since yesterday to start testing the EMA50 that forms intraday resistance against the price, waiting to surpass this barrier to reach our first positive target at 0.6400, to keep the bullish trend scenario active for the upcoming period, reminding you that breaching the mentioned level will push the price to 0.6490 followed 0.6545 levels as next main stations.
On the other hand, we should note that breaking 0.6285 will stop the positive scenario and put the price under the negative pressure again.
The expected trading range for today is between 0.6310 support and 0.6420 resistance
The expected trend for today: Bullish
Origin: Economies
