The AUDUSD pair rallied upwards clearly after leaning on the bullish trend line that appears on chart to start testing the key resistance 0.7595, which urges monitoring the upcoming trading carefully, as breaching this resistance represents the key to rally towards achieving gains that start at 0.7833 and extend to 0.8115.
On the other hand, stochastic shows negative signals that might block the price mission to rise, which makes us continue with our neutrality until the price manages to confirm breaching one of the next trend keys represented by 0.7595 resistance and 0.7525 support, noting that breaking this support will push the price to return to the correctional bearish track that its targets begin at 0.7448 and extend to 0.7329.
Expected trading range for today is between 0.7448 support and 0.7700
Expected trend for today: Depends on the above mentioned levels
Origin: Economies
