The AUDUSD price shows weak trades since yesterday, settling near 0.6600 barrier, while the positive effect of the double bottom pattern still active, waiting to resume the positive trades to breach 0.6640 and open the way to rally towards 0.6728 as a next main target.
Therefore, we will continue to suggest the bullish trend on the intraday basis unless breaking 0.5670 and holding below it.
The expected trading range for today is between 0.6570 support and 0.6670 resistance
Trend forecast: Overall bullish
Origin: Economies
