The AUDUSD price bounced bullishly after retested the breached resistance of the bearish channel, which supports the continuation of the expected bullish trend on the intraday basis, which its targets begin by testing 0.6322$.
The EMA50 supports the suggested bullish wave, which will remain valid unless breaking 0.6205$ and holding with a daily close below it.
The expected trading range for today is between 0.6220$ support and 0.6320$ resistance
Trend forecast: Bullish
Origin: Economies
