The AUDUSD pair ended last Friday above 0.6520 level, to stop the effect of the head and shoulders’ pattern that appears on the chart and head towards recovering in the upcoming sessions, targeting testing 0.6570 level initially, noting that breaching it will push the price to achieve additional gains that reach 0.6640.
Therefore, the bullish bias will be suggested for today unless breaking 0.6500 and holding with new daily close below it.
The expected trading range for today is between 0.6500 support and 0.6600 resistance
The expected trend for today: Bullish
Origin: Economies
