The AUDUSD pair provided positive trades in the previous sessions but it faces solid resistance formed by the EMA50 at 0.6525, waiting to surpass this level to open the way to achieve our main expected target at 0.6570.
The bullish trend still suggested on the intraday basis, and breaching the targeted level will extend the bullish wave to reach 0.6640 as a next target, while breaking 0.6500 will stop the expected rise and push the price to decline again.
The expected trading range for today is between 0.6490 support and 0.6590 resistance
The expected trend for today: Bullish
Origin: Economies
