The AUDUSD price shows new positive trades by today’s open, to attempt to approach the waited target at 0.6965$, expecting the continuation of the bullish wave within the bullish channel that appears on the chart to achieve additional positive targets that reach 0.7060$ as a next positive station.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 0.6890$ will stop the expected rise and push the price to start bearish correction on the intraday basis.
The expected trading range for today is between 0.6880$ support and 0.6980$ resistance
Trend forecast: Bullish
Origin: Economies
