The AUDUSD pair kept its stability above 0.7448 level, as the EMA50 meets this level to add more strength to it, noticing that stochastic enters the oversold areas to provide positive motive that we are waiting to assist to push the price to resume the main bullish trend.
Therefore, the bullish trend will remain valid and active for the upcoming sessions, reminding you that our main targets begin at 0.7595 and extend to 0.7785, noting that breaking 0.7448 level will push the price to visit 0.7329 and might extend to 0.7210 levels before any new attempt to rise.
Expected trading range for today is between 0.7400 support and 0.7600
Expected trend for today: Bullish
Origin: Economies
