The AUDUSD pair faced negative pressure in the previous session to test the key support 0.7275, and it keeps its stability above it until now, accompanied by stochastic reach to the oversold areas, waiting to motivate the price to resume the correctional bullish trend, which its next target located at 0.7420.
Therefore, we will continue to suggest the bullish trend on the intraday basis conditioned by the price stability above 0.7275.
The expected trading range for today is between 0.7240 support and 0.7340 resistance
The expected trend for today: Bullish
Origin: Economies
