The AUDUSD pair exited the bullish pennant pattern, as it faces negative pressure to test the EMA50 now, which forms good support against the price, accompanied by witnessing positive signals through stochastic, waiting to motivate the price to resume the main bullish trend that targets 0.7413 as a next main station.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.7210 and holding below it.
The expected trading range for today is between 0.7180 support and 0.7300
The expected trend for today: Bullish
Origin: Economies
