The AUDUSD pair traded negatively on yesterday’ evening to press on the EMA50, noticing that stochastic attempts to gain the positive momentum, as it reaches the oversold areas now, waiting ot motivate the price to resume the main bullish trend.
Until now, the bullish trend scenario still active as long as 0.6880 level remains intact, noting that our main expected target reaches 0.7064.
The expected trading range for today is between 0.6880 support and 0.7020
The expected trend for today: Bullish
Origin: Economies
