The AUDUSD price continues to rise to gradually approach our waited target at 0.6320$, being aware that it is important to monitor the price at this level due to its importance to determine the next trend, as breaching it represents the key to achieve more bullish correction and target 0.6440$ areas on the near-term basis.
The EMA50 supports the suggested positive scenario, which will remain valid conditioned by the price stability above 0.6235$.
Origin: Economies