The AUDUSD price shows more bullish bias to surpass the EMA50 and reinforce the expectations of continuing the bullish trend on the intraday basis, waiting to visit 0.6320$ that represents our main target.
Stochastic current negativity might slow down the bullish wave, taking into consideration that breaking 0.6195$ might force the price to turn to decline to head towards testing 0.6130$ areas initially.
The expected trading range for today is between 0.6210$ support and 0.6310$ resistance
Trend forecast: Bullish
Origin: Economies
