The AUDUSD pair managed to achieve our waited target at 0.6570 and attempts to breach it now, and by taking a deeper look at the chart, we find that the price is forming double bottom pattern that has positive targets that start at 0.6640 and extend to 0.6690.
Therefore, we expect to witness more rise in the upcoming sessions, taking into consideration that failing to breach 0.5670 will put the price under negative pressure that targets testing 0.6500 areas again before any new attempt to rise.
The expected trading range for today is between 0.6530 support and 0.6630 resistance
The expected trend for today: Bullish
Origin: Economies
