The AUDUSD pair moves within intraday bullish channel that carries the price to achieve more expected gains in the upcoming period, noticing that stochastic overlaps positively now, waiting to motivate the price to resume the bullish wave that its next target located at 0.6980.
Therefore, the bullish trend scenario will remain active, noting that breaking 0.6870 might press on the price to decline towards 0.6820 areas before any new attempt to rise.
The expected trading range for today is between 0.6850 support and 0.6985 resistance
The expected trend for today: Bullish