The AUDUSD pair’s decline stopped at the key support 0.6500, as it found difficulty to break it, to start today with bullish bias that hints heading to build bullish wave on the intraday basis, targeting testing 0.6570 mainly.
Therefore, the bullish bias will be suggested for today, supported by the positive overlapping signal provided by stochastic now, noting that breaking 0.6500 will stop the expected rise and push the price to head towards 0.6410 as a next negative station.
The expected trading range for today is between 0.6470 support and 0.6570 resistance
The expected trend for today: Bullish
Origin: Economies
