The AUDUSD pair begins today’s trading with clear positivity in attempt to move away from the bullish trend line that appears on chart, noticing that stochastic provides positive overlapping signal on the four hours’ time frame, reinforcing the chances of continuing the rise in the upcoming sessions.
Therefore, the bullish bias will remain suggested for today, which targets 0.8065 followed by 0.8115 levels as next main stations, noting that it is important to hold above 0.7891 to continue the expected rise.
Expected trading range for today is between 0.7891 support and 0.8065
Expected trend for today: Bullish
Origin: Economies
