The AUDUSD pair succeeded to touch our first waited target at 0.7325 and bounced downwards temporarily from there, noticing that stochastic gained positive momentum that we are waiting to assist to push the price to rise again, to keep the main bullish trend scenario active for the upcoming period, which its next target located at 0.7413.
The EMA50 continues to support the suggested bullish wave, which will remain valid and active unless breaking 0.7230 level and holding below it.
The expected trading range for today is between 0.7230 support and 0.7370
The expected trend for today: Bullish
Origin: Economies
