The AUDUSD price rallied upwards clearly yesterday to reach the thresholds of the waited target at 0.6640, and by taking a deeper look at the chart, we find that the price completed forming double bottom pattern that has positive targets that surpass the mentioned level to reach 0.6728 areas.
Therefore, the bullish trend will remain valid and active for the upcoming period, noting that it is important to hold above 0.6570 to achieve the waited targets.
The expected trading range for today is between 0.6585 support and 0.6685 resistance
Trend forecast: Bullish
Origin: Economies
