The AUDUSD pair is retesting the previously breached 0.7448 level that turns into key support now, accompanied by stochastic approach from the oversold areas, while the EMA50 continues to provide the positive support to the price.
Therefore, these factors reinforce the expectations of resuming the bullish trend in the upcoming sessions, which its next target located at 0.7595, while its continuation conditions holding above 0.7448 and the most important above 0.7329.
Expected trading range for today is between 0.7390 support and 0.7595
Expected trend for today: Bullish
Origin: Economies
