The AUDUSD pair traded positively yesterday to approach from our first main waited target at 0.7595, as it gets positive motive by stochastic, which supports the chances of breaching the mentioned level to open the way to extend the pair’s gains to reach 0.7833.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis supported by the EMA50, conditioned by the price stability above 0.7329.
Expected trading range for today is between 0.7448 support and 0.7660
Expected trend for today: Bullish
Origin: Economies
