The AUDUSD pair crawls upwards to approach from our first main waited target at 0.7595, getting continuous positive support by the EMA50, to support the chances of breaching the mentioned level followed by opening the way to head towards 0.7833.
Therefore, we will continue to suggest the bullish trend in the upcoming period conditioned by the price stability above 0.7448, being aware that it is important to monitor the price behavior when reaching the extended target, which represents important key to detect the next price destination on the short term and medium term basis.
Expected trading range for today is between 0.7448 support and 0.7700
Expected trend for today: Bullish
Origin: Economies
