AUDUSD Price Analysis
Expected Scenario
The AUDUSD price faced clear negative pressure yesterday to test the key support 0.6640$ again, noticing that the price consolidated above this level to start rising now, motivated by stochastic positivity, to keep the bullish trend scenario active, waiting to visit 0.6728$ as a next main target.
Holding above 0.6640$ is important to the continuation of the expected rise, as breaking it will turn the trend to decline and head towards 0.6570$ areas on the near-term basis.
Expected Trading Range
Between 0.6630$ support and 0.6720$ resistance.
Trend Forecast: Bullish
Origin: Economies
