The AUDUSD pair shows more positivity to approach from our first main waited target at 0.7415, as the price gets continuous support by the EMA50, waiting to surpass this level to confirm the continuation of trading inside the bullish channel followed by targeting 0.7600 areas on the short term basis.
Therefore, the positive scenario will remain valid and active in the upcoming period unless breaking 0.7190 level and holding below it, noting that stochastic current negativity might force the price to show some temporary sideways fluctuation before resuming the suggested bullish bias.
Expected trading range for today is between 0.7250 support and 0.7500
Expected trend for today: Bullish
Origin: Economies
