The AUDUSD price retested the breached resistance of the bearish channel and kept its stability above it, to support starting bullish correction for the bearish wave that appears on the chart, reminding you that the first target is located at 0.6322$.
Therefore, we are waiting for new positive trades in the upcoming sessions, noting that breaking 0.6210$ will stop the positive scenario and push the price to return to the main bearish track again.
The expected trading range for today is between 0.6200$ support and 0.6300$ resistance
Trend forecast: Bullish
Origin: Economies
