AUDUSD Price Analysis
The AUDUSD price managed to achieve our first awaited target at 0.6570$, and today it continues to rise, aiming to confirm the breach of this level and reinforcing the chances of continuing the bullish wave towards our next target at 0.6640$.
The EMA50 supports the suggested bullish wave. However, failing to consolidate above 0.6570$ might lead to a decline to test 0.6500$ areas before any new attempt to rise.
The expected trading range for today is between 0.6530$ support and 0.6630$ resistance.
Trend forecast: Bullish
Origin: Economies
