The AUDUSD price fluctuates at the EMA50 that forms good resistance against the price, waiting to surpass this barrier at 0.6195$ to confirm the continuation of the rise and test the bearish channel’s resistance line around 0.6255$, to continue suggesting the bullish trend for today, noting that breaking 0.6180$ will stop the bearish wave and lead the price to resume the main bearish trend again.
The expected trading range for today is between 0.6150$ support and 0.6250$ resistance
Trend forecast: Bullish temporarily
Origin: Economies
