The AUDUSD pair settles above 0.7448 level, noticing that the EMA50 meets with the mentioned support to add more strength to it, reinforcing the expectations of continuing the bullish trend in the upcoming period, and the price might show more sideways fluctuation until it manages to gain enough positive momentum to push trading to rise again.
Therefore, we will keep our positive overview on the intraday and short term basis conditioned by the price stability above 0.7329 level, reminding you that our main targets begin at 0.7595 and extend to 0.7833.
Expected trading range for today is between 0.7400 support and 0.7600
Expected trend for today: Bullish
Origin: Economies
