The AUDUSD pair found difficulty to surpass 0.7495 barrier yesterday, to bounce bearishly and fluctuate around 0.7448 level, noticing that stochastic approaches from the oversold areas now, to provide positive motive that we expect to assist to push the price to breach the mentioned resistance followed by reinforcing the expectations of continuing the bullish trend in the upcoming period.
Therefore, we will continue to suggest the bullish bias on the intraday and short term basis unless breaking 0.7405 level and holding below it, reminding you that our waited targets begin at 0.7595 and extend to 0.7680.
Expected trading range for today is between 0.7400 support and 0.7600
Expected trend for today: Bullish
Origin: Economies
