The AUDUSD pair shows positive trades to test the EMA50 that forms intraday resistance around 0.6525, and we suggest the continuation of the bullish bias to achieve positive targets that start by visiting 0.6570, making the bullish trend expected on the intraday basis, noting that breaching this level will push the price towards 0.6640 as a next positive station.
On the other hand, we should note that breaking 0.6500 will stop the expected rise and push the price to resume the main bearish wave that its next target reaches 0.6410.
The expected trading range for today is between 0.6480 support and 0.6580 resistance
The expected trend for today: Bullish
Origin: Economies
