AUDUSD Price Analysis
Expected Scenario
The AUDUSD price bounced upwards clearly after the negative pressure in previous sessions, reactivating the bullish trend scenario with the next target located at 0.6728$.
We expect more bullish bias in the upcoming sessions, with the price needing sufficient positive momentum to sustain the rise and achieve the suggested targets. Breaking below 0.6640$ could shift the outlook to negative, targeting 0.6570$ initially.
Expected Trading Range
Between 0.6630$ support and 0.6730$ resistance.
Trend Forecast: Bullish
Origin: Economies
