The AUDUSD pair settles at the intraday bullish channel’s support that carries the price from 0.7380 areas, accompanied by witnessing positive signals through stochastic now, waiting to motivate the price to resume the main bullish trend, and the price needs to breach 0.7604 to confirm opening the way to head towards 0.7740 as a next main station.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions supported by the EMA50, unless breaking 0.7519 level and holding with a daily close below it.
Expected trading range for today is between 0.7500 support and 0.7700
Expected trend for today: Bullish
Origin: Economies
