The AUDUSD price opens today’s trading with new positivity to move away from 0.6800$ barrier, reinforcing the expectations of continuing the bullish trend, waiting to test 0.6870$ as a next main target.
The bullish channel supports the continuation of the expected bullish wave, which gets continuous support by the EMA50, noting that breaking 0.6790$ will stop the bullish trend and push the price to test the key support 0.6728$ before any new attempt to rise.
The expected trading range for today is between 0.6785$ support and 0.6885$ resistance
Trend forecast: Bullish
Origin: Economies
