The AUDUSD pair continues to fluctuate around the EMA50, and the price keeps its stability above 0.7448 level, while stochastic continues to provide the positive signals on the daily time frame.
Therefore, these factors keep the bullish trend scenario valid on the intraday and short term basis, which targets 0.7595 followed by 0.7780 levels mainly, reminding you that the continuation of the expected bullish trend depends on the stability above 0.7448.
Expected trading range for today is between 0.7350 support and 0.7600
Expected trend for today: Bullish
Origin: Economies