The AUDUSD price settles around the intraday bullish channel’s resistance line, waiting to gather positive momentum that assist to push the price to resume the expected bullish trend for the upcoming period, which its next target located at 0.6870$.
The EMA50 keeps supporting the suggested bullish wave, which will remain valid conditioned by the price stability above 0.6728$.
The expected trading range for today is between 0.6780$ support and 0.6880$ resistance
Trend forecast: Bullish
Origin: Economies
