The AUDUSD pair opened today’s trading with strong rise to breach 0.6400 level and settles above it, to stop the recently suggested negative scenario and head towards achieving expected gains on the intraday basis, targeting 0.6475 followed by 0.6545 levels as next main stations.
Therefore, we expect to witness more rise in the upcoming sessions, supported by the EMA50, taking into consideration that breaking 0.6400 will stop the positive scenario and push the price to decline again.
The expected trading range for today is between 0.6390 support and 0.6490 resistance
The expected trend for today: Bullish
Origin: Economies
