The AUDUSD price begins today with clear negativity to approach the key support 0.6728$, which urges caution from the upcoming trading, as the price needs to hold above this level to keep the bullish trend scenario active for the upcoming period, which its next target located at 0.6870$.
Stochastic shows oversold signals now to support the chances of bouncing bullishly and rise again, noting that breaking 0.6728$ will stop the bullish wave and put the price under the correctional bearish pressure on the intraday basis.
The expected trading range for today is between 0.6710$ support and 0.6800$ resistance
Trend forecast: Bullish
Origin: Economies
