AUDUSD continues to fluctuate at SMA 50 without being able to breach it until now, waiting for a positive incentive to push the pair to break the barrier towards 0.7044 which is our next positive target.
In general, we continue to favor the upside for the coming period unless the level of 0.6865 is broken and stability below it.
The trading range for today is expected among the support at 0.6900 and the resistance at 0.7020.
The general trend for today is bullish.