The AUDUSD pair kept its stability above the critical support level at 0.7329, and fluctuates now near the EMA50, waiting for gathering enough positive momentum to push the price to resume the bullish scenario, which depends on the stability above the mentioned level.
Therefore, we keep preferring the overall bullish trend that its targets begin by surpassing 0.7448 level to confirm opening the way towards 0.7595 as a next main station, taking into consideration that breaking 0.7329 level will push the price to test 0.7210 level initially before any new attempt to rise.
Expected trading range for today is between 0.7329 support and 0.7595
Expected trend for today: Bullish
Origin: Economies
