AUDUSD Price Analysis
Expected Scenario
The AUDUSD price begins today positively to breach 0.6728$ level and attempt to hold above it, reinforcing the expectations of continuing the bullish trend on the intraday and short-term basis, paving the way to achieve additional gains that reach 0.6800$.
The EMA50 keeps supporting the suggested bullish wave, taking into consideration that failing to consolidate above 0.6728$ will put the price under negative pressure that might push it to visit 0.6640$ before any new positive attempt.
Expected Trading Range
Between 0.6690$ support and 0.6790$ resistance.
Trend Forecast: Bullish
Origin: Economies
