The AUDUSD pair rallies strongly to the upside by today’s opening after ending yesterday above 0.7595 level, to activate the positive scenario again, opening the way to achieve gains that reach to 0.7833 initially.
Therefore, the bullish trend will be suggested in the upcoming sessions supported by the EMA50, conditioned by the price stability above 0.7595 level, noting that breaching 0.7833 level will extend the bullish wave towards 0.8115 as a next main station.
Expected trading range for today is between 0.7595 support and 0.7800
Expected trend for today: Bullish
Origin: Economies
