The AUDUSD pair hovers around the EMA50, and didn’t show any strong move since yesterday, which keeps our bullish overview valid as it is without any change, which targets 0.6570 as a next station, reminding you that breaching this level will push the price towards 0.6640 direct.
On the other hand, we should note that breaking 0.6500 will stop the expected rise and push the price to achieve additional bearish correction 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