The AUDUSD pair resumes its positive trading after leaning on 0.7448 level, supported by the EMA50, which confirms the continuation of the bullish trend on the short- term basis, targeting 0.7595 level as a next main station.
Therefore, the bullish trend will remain valid and active in the upcoming sessions conditioned by holding above 0.7448 level, pointing that stochastic current negativity might push the price for some temporary sideways fluctuation before resuming the bullish bias again.
Expected trading range for today is between 0.7448 support and 0.7650
Expected trend for today: Bullish
Origin: Economies
