The AUDUSD price finds difficulty to surpass 0.6322$ level, to show some temporary bearish bias, noticing that stochastic attempts to gather the positive momentum to support the chances of resuming the positive trades and breach the mentioned level to open the way to achieve more bullish correction in the upcoming period, reminding you that the next target reaches 0.6440$.
Holding above 0.6255$ is important to the continuation of the expected rise, as breaking it represents the key to decline and head towards 0.6170$ followed by 0.6130$ areas initially.
The expected trading range for today is between 0.6250$ support and 0.6350$ resistance
Trend forecast: Bullish
Origin: Economies