The AUDUSD pair shows sideways trades in the previous sessions, facing solid resistance formed by the EMA50, noting that stochastic overlaps positively now, waiting to motivate the price to resume the expected bullish wave for the upcoming period, which targets testing 0.6780 level initially.
Therefore, the bullish trend scenario will remain active unless breaking 0.6665 and holding below it.
The expected trading range for today is between 0.6650 support and 0.6760 resistance
The expected trend for today: Bullish
Origin: Economies
