The AUDUSD pair begins today’s trading with clear negativity to approach testing the support base formed at 0.7575 after breaching it previously, noticing that the price moves inside the bullish channels that appear on the chart, which supports the chances of resuming the main bullish trend.
Therefore, we will continue to suggest the overall bullish trend, which its next target located at 0.7700, noting that breaking 0.7575 followed by 0.7510 levels will stop the expected rise and press on the price to achieve more decline and visit 0.7415 areas before turning back to rise again.
The expected trading range for today is between 0.7540 support and 0.7670
The expected trend for today: Overall Bullish
Origin: Economies
