The AUDUSD pair bounced upwards clearly after the EMA50 formed good support against the price, to start testing the key resistance 0.6545, and we suggest breaching this level and open the way to achieve more gains in the upcoming sessions, to head towards visiting 0.6605 followed by 0.6660 levels as next positive targets.
Therefore, the bullish bias will be expected on the intraday basis, taking into consideration that the consolidation of 0.6545 level against the current rise will stop the positive scenario and push the price to decline again.
The expected trading range for today is between 0.6500 support and 0.6600 resistance
The expected trend for today: Bullish
Origin: Economies
