The AUDUSD pair closed yesterday’s trading at the critical support level at 0.7329, as we mentioned in our last reports, the price needs to settle above this level to keep the chances valid for the continuation of the bullish trend on the short term basis, pointing that stochastic approaches from the oversold levels to support the suggested rise.
Therefore, the bullish trend will remain valid in the upcoming sessions, reminding you that our main targets begin by surpassing 0.7448 level to open the way towards 0.7595 then 0.7833.
Expected trading range for today is between 0.7210 support and 0.7500
Expected trend for today: Bullish
Origin: Economies