The AUDUSD pair bounced strongly to the upside after approaching from retesting 0.7415 level again yesterday, as the price gets positive support by stochastic and the EMA50, which reinforces the expectations of continuing the rise on the intraday and short term basis.
Therefore, the bullish trend will remain valid and active in the upcoming sessions, reminding you that our next main target is located at 0.7600, while holding above 0.7415 level represents the first condition to achieve the mentioned target.
Expected trading range for today is between 0.7400 support and 0.7600
Expected trend for today: Bullish
Origin: Economies
