The AUDUSD pair reached few pips away from the waited target at 0.6500 and bounced upwards strongly to breach 0.6570 and settle above it, starting today with more positivity to surpass the EMA50 and head towards achieving more expected rise in the upcoming sessions, on its way to test 0.6640 as a next station.
Therefore, the bullish trend will be suggested on the intraday basis, and breaching the targeted level will push the price towards 0.6728 on the near-term basis, while the expected rise will remain valid unless breaking 0.6570 and holding below it.
The expected trading range for today is between 0.6550 support and 0.6660 resistance
The expected trend for today: Bullish
Origin: Economies
