The AUDUSD price faced new negative pressure in the previous sessions but it remained consolidated above 0.6728$, to start today with new bullish bias in attempt to resume the bullish bias, motivated by stochastic positivity that appears clearly now, waiting to achieve our positive targets that start at 0.6790$ and extend to 0.6870$.
Holding above 0.6728$ and 0.6700$ levels is important to the continuation of the expected rise, as breaking these levels will push the price to turn to decline and head towards 0.6640$ initially.
The expected trading range for today is between 0.6700$ support and 0.6790$ resistance
Trend forecast: Bullish
Origin: Economies
