The AUDUSD pair faced negative pressure yesterday to test the first key support 0.7565 and rebounds bullishly from there, as it attempts to return to the bullish channel again, motivated by the positive signal provided by stochastic, waiting for more rise to visit 0.7640 followed by 0.7700 levels that represent our next main targets.
Therefore, the bullish trend will remain suggested for the upcoming period supported by the EMA50, reminding you that holding above 0.7565 and 0.7515 levels is important to achieve the suggested targets.
The expected trading range for today is between 0.7550 support and 0.7680
The expected trend for today: Bullish
Origin: Economies
