The AUDUSD pair keeps its stability above the braeched bearish channel’s resistance, and begin today with a new bullish bias in its way to continue the expected rise in the upcoming period, keeping the bullish correctional scenario valid on the intraday and short term basis, targeting 0.7015 level as an initial station.
Therefore, we will keep preferring the bullish trend for today unless breaking 0.6800 level and holding below it.
The expected trading range for today is between 0.6820 support and 0.6920
The expected trend for today: Bullish