The AUDUSD pair continues to fluctuate around the key support 0.7448, and we are still waiting to breach this level to confirm the continuation of the bullish wave followed by targeting 0.7595 level as a next main target, noting that stochastic begins to head upwards after overlapping positively on the daily time frame, which forms positive motive that we are waiting to assist to achieve the waited breach.
Therefore, our bullish trend overview will remain valid on the intraday and short term basis, conditioned by the price stability above 0.7329.
Expected trading range for today is between 0.7329 support and 0.7595
Expected trend for today: Bullish
Origin: Economies
