The AUDUSD pair begins today’s trading with clear positivity after testing the bullish trend line that appears on chart, to keep the bullish trend valid and active until now, supported by the positive signals provided by stochastic, waiting to head towards 0.8115 initially, which breaching it represents the key to rally towards 0.8330.
Therefore, we will keep our bullish overview for today conditioned by the price stability above 0.7985, as breaking this level will push the price to start bearish correction on the intraday basis.
Expected trading range for today is between 0.7950 support and 0.8115
Expected trend for today: Bullish
Origin: Economies
