The AUDUSD pair continued to rise slightly yesterday to move away from the key support levels located between 0.7615 and 0.7595, and as long as the price is above these levels, our bullish overview will remain valid and active for the upcoming period, which gets positive support by the EMA50.
Our waited targets begin at 0.7833 and extend to 0.8115, noting that the price might be forced for some temporary sideways fluctuation until it manages to gain enough positive momentum to rally towards the mentioned targets.
Expected trading range for today is between 0.7595 support and 0.7800
Expected trend for today: Bullish
Origin: Economies
