The AUDUSD pair rallied upwards strongly to breach 0.6400 level and open the way to achieve additional gains on the intraday basis, approaching 0.6545 level that represents key resistance against the price, noting that breaching this level will push the price to achieve additional positive targets that extend to 0.6660.
Therefore, we suggest witnessing more rise in the upcoming sessions, taking into consideration that failing to breach 0.6545 will push the price to decline again, to head towards testing 0.6400 initially.
The expected trading range for today is between 0.6450 support and 0.6560 resistance
The expected trend for today: Bullish
Origin: Economies
