The AUDUSD price rose in its last trading on the intraday levels, taking advantage of the positive support that came from its trading above its EMA50, amid the dominance of the main bullish trend on the short-term basis, but the price moves in sideways range in the last period, the emergence of the positive signals on the (RSI) is increasing the positive pressure on the price.
Therefore, our expectations suggest more of the upside moves for the (AUDUSD) price in its upcoming intraday trading, to target the key resistance at 0.6440, this resistance represents a critical point to detect the upcoming trend.
The expected trading range is between 0.6345 support and 0.6450 resistance.
Today’s forecast: Bullish
Origin: Economies
