The AUDUSD pair traded with clear positivity yesterday to begin testing 0.7700 barrier now, approaching from our first main target at 0.7760, waiting to breach this level to open the way to visit the main bearish channel’s resistance at 0.8010.
Stochastic and the EMA50 continue to offer the positive signals that support the expected rise, which its continuation conditions holding above 0.7515 and 0.7415 levels.
Expected trading range for today is between 0.7600 support and 0.7800
Expected trend for today: Bullish
Origin: Economies
