The AUDUSD pair begins to rise now, to move away from 0.7413, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, supported by stochastic and the EMA50 positivity, reminding you that our next target is located at 0.7530.
Holding above 0.7375 is important to continue the expected rise, as breaking it will press on the price to visit the main bullish channel’s support around 0.7240 before any new attempt to rise.
The expected trading range for today is between 0.7380 support and 0.7500
The expected trend for today: Bullish
Origin: Economies
