The AUDUSD pair faced strong negative pressure to break 0.7765 and settles below it, but we notice that the EMA50 protects the price from suffering more losses, accompanied by witnessing positive signals through stochastic, waiting to motivate the price to resume the main bullish trend, which its next targets located at 0.7840 followed by 0.7900.
Therefore, our bullish overview will remain valid and active conditioned by the price stability above 0.7710.
The expected trading range for today is between 0.7680 support and 0.7800 resistance
The expected trend for today: Bullish
Origin: Economies
