The AUDUSD price bounced upwards clearly after consolidating above 0.6450$ areas, to head towards potential test to the bearish channel’s resistance line around 0.6600$, making the bullish bias expected for today, noting that surpassing 0.6520$ will ease the mission of achieving the expected target.
Therefore, we expect to witness more rise in the upcoming sessions, noting that breaking 0.6480$ will stop the bullish trend and push the price to resume the main bearish trend again.
The expected trading range for today is between 0.6470$ support and 0.6670$ resistance
Trend forecast: Bullish
Origin: Economies
