The AUDUSD pair managed to breach 0.7448 level and hold with a daily and weekly close above it, to reinforce our positive overview on the short term basis, which is supported by stochastic positivity that appears clearly on the daily time frame, waiting to visit 0.7595 level as a next main station.
Breaching the targeted level will extend the bullish wave to reach 0.7833 level on the near term basis, while the bullish trend will remain valid unless breaking 0.7329 and holding below it.
Expected trading range for today is between 0.7329 support and 0.7595
Expected trend for today: Bullish
Origin: Economies
