The AUDUSD Price Analysis
Expected Scenario
The AUDUSD price keeps its stability above 0.6728$ level, to support the continuation of the expected bullish trend for the upcoming period, and we believe that the way is open to achieve our next target at 0.6800$.
Therefore, we are waiting for more rise on the intraday and short-term basis, supported by the EMA50, noting that breaking 0.6728$ will push the price to turn to decline and target 0.6640$ areas initially.
Expected Trading Range
The expected trading range for today is between 0.6710$ support and 0.6810$ resistance.
Trend Forecast: Bullish
Origin: Economies
