AUDUSD Price Analysis
Expected Scenario
The AUDUSD price faced solid resistance at 0.6728$, to show temporary sideways trades, settling above 0.6700$ barrier, waiting to gather enough positive momentum to push the price to breach the mentioned resistance followed by rallying towards 0.6800$ as a next main target.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 0.6700$ will push the price to turn to decline and head to test 0.6640$ areas before any new attempt to rise.
Expected Trading Range
Between 0.6670$ support and 0.6770$ resistance.
Trend Forecast: Bullish
Origin: Economies
