The AUDUSD pair rekindles its upward trajectory, following a period of oscillation proximate to the 0.6400 level during the preceding sessions. This renewed positive movement bolsters the outlook for a sustained bullish trend in the forthcoming period, reaffirming the projected target at 0.6545.
The emergence above the EMA50 substantiates the projected bullish trajectory, a projection that endures its validity unless a breach below the 0.6400 level occurs, accompanied by a daily closure beneath it.
Today’s envisioned trading span is delineated by the support level at 0.6410 and the resistance at 0.6510.
The prevailing trend for today aligns definitively with a bullish sentiment.