The AUD/USD pair has successfully breached the 0.6500 level, indicating a clear positive trend and heading towards anticipated gains in the coming sessions. The initial target is set at 0.6570, and a further breakthrough beyond this level may extend the bullish wave to reach around 0.6640 in the near term.
A continuation of the bullish bias is expected for today, with the anticipation of gathering positive momentum to assist in achieving the suggested targets. It’s noteworthy that breaking below 0.6500 would negate the negative scenario and potentially lead to a decline in price.
The projected trading range for today is between the support at 0.6480 and resistance at 0.6590.
Expected Trend for Today: Bullish