The AUDUSD pair returns to rise after the decline that it witnessed yesterday, as it reached 0.6780 support line and started to turn upwards from there, to keep the bullish trend scenario valid and active, waiting to visit 0.6924 as a first target.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 0.6780 and holding with a daily close below it.
The expected trading range for today is between 0.6780 support and 0.6890 resistance
The expected trend for today: Bullish
Origin: Economies
