The AUDUSD pair moves within minor bullish channel that appears on the chart, noticing that stochastic begins to overlap positively now, which supports the chances of resuming the bullish trend, which its next target located at 0.7800.
Therefore, the bullish trend scenario will remain valid and active on the intraday and short term basis, noting that breaking 0.7680 will press on the price to test the most important support at 0.7605 before any new positive attempt.
The expected trading range for today is between 0.7660 support and 0.7800
The expected trend for today: Bullish
Origin: Economies
