The AUDUSD pair keeps its stability above 0.7595 level after testing it again yesterday, to keep the bullish trend suggested on the intraday and short term basis, and according to the trading rules inside the channels, the price is waiting to build bullish wave that its targets begin by breaching 0.7700 level to open the way to target 0.7833 followed by 0.7970 levels mainly.
Therefore, the bullish bias will remain suggested for today unless we witnessed clear break to 0.7595 level and holding below it, which will push the price to suffer losses that start at 0.7448 and extend to 0.7329.
Expected trading range for today is between 0.7550 support and 0.7750
Expected trend for today: Bullish
Origin: Economies
