The AUDUSD price managed to achieve our waited target at 0.6800$, and found solid resistance there to rebound downwards clearly, noticing that stochastic got rid of its negative momentum to reach the oversold areas, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which its targets extend to reach 0.6870$ as a next main station.
The EMA50 keeps supporting the suggested bullish trend, which will remain valid conditioned by the price stability above 0.6728$.
The expected trading range for today is between 0.6720$ support and 0.6820$ resistance
Trend forecast: Bullish
Origin: Economies
