AUDUSD Price Analysis
Expected Scenario
The AUDUSD price returned to rise after approaching the 0.6640$ level in the previous sessions.
Resuming the bullish wave, it reached the thresholds of the awaited target at 0.6728$.
The price is affected by the inverted head and shoulders’ pattern, with a positive target surpassing the mentioned level to reach 0.6800$ areas as the next station.
We will continue to suggest the bullish trend for the upcoming period unless breaking 0.6640$ and holding below it.
Expected Trading Range
Between 0.6650$ support and 0.6750$ resistance.
Trend Forecast: Bullish
Origin: Economies
