The AUDUSD pair continues to fluctuate around 0.7495 level without managing to confirm breaching it until now, and stochastic continues to gain the positive momentum on the intraday time frames, approaching from the oversold areas now, forming positive factor that we are waiting to assist to push the price to resume the bullish bias and confirm breaching the mentioned level.
Therefore, we will keep suggesting the bullish trend in the upcoming sessions supported by the EMA50, waiting to head towards our main targets that begin at 0.7595 and extend to 0.7680, reminding you that it is important to hold above 0.7415 level to achieve the suggested targets.
Expected trading range for today is between 0.7400 support and 0.7600
Expected trend for today: Bullish
Origin: Economies
