The AUDUSD pair finds good resistance formed by the EMA50 against the price’s positive attempts, but as long as the price is above 0.6930, the bullish bias will remain suggested on the intraday basis, waiting to test 0.7044 level before turning back to decline again.
We should note that breaking 0.6930 will stop the suggested rise and push the price to resume the main bearish wave again, waiting to test 0.7044 level before turning back to decline again.
The expected trading range for today is between 0.6945 support and 0.7044
The expected trend for today: Bullish temporarily