The AUDUSD pair showed some positive trading yesterday in attempt to approach from our first main waited target at 0.7595, as the price is affected by stochastic positivity that appears clearly on the daily time frame, reinforcing the expectations of more rise in the upcoming period.
The EMA50 provides continuous support to the suggested bullish wave, which its targets extend to reach 0.7780 after breaching the above mentioned level, noting that holding above 0.7448 level represents key condition to achieve the suggested targets.
Expected trading range for today is between 0.7400 support and 0.7600
Expected trend for today: Bullish
Origin: Economies
