The AUDUSD pair rallied upwards after completing the bullish flag pattern to surpass 0.6660 level and settles above it, reinforcing the expectations of continuing the bullish trend in the upcoming period, opening the way to achieve the waited positive targets that start at 0.6700 followed by 0.6780.
Therefore, the bullish trend scenario will remain active, supported by the EMA50, noting that breaking 0.6660 will stop the expected rise and push the price to turn to decline.
The expected trading range for today is between 0.6640 support and 0.6720 resistance
The expected trend for today: Bullish
Origin: Economies
