The AUDUSD pair returned to rise and attempted to breach 0.6780 level, to support the continuation of the main positive scenario, waiting to get positive momentum that assists to push the price to achieve gains that reach 0.6925 on the near term basis.
Therefore, we will continue to suggest the bullish trend for the upcoming period, supported by the EMA50 that continues to carry the price from below, noting that breaking 0.6735 will stop the expected rise and push the price to decline again.
The expected trading range for today is between 0.6735 support and 0.6840 resistance
The expected trend for today: Bullish
Origin: Economies
