The AUDUSD pair fluctuates around the EMA50, noticing that stochastic gets rid of its negativity to reach the thresholds of the oversold areas now, which supports the chances of bouncing bullishly to resume the intraday bullish trend, which its next target located at 0.7329.
Therefore, the bullish bias will remain suggested in the upcoming sessions, reminding you that breaching 0.7329 level will extend the bullish wave towards 0.7448, while the price needs to hold above 0.7210 level to keep the chances of achieving the suggested targets valid.
Expected trading range for today is between 0.7150 support and 0.7350
Expected trend for today: Bullish
Origin: Economies
