The AUDUSD pair bounced downwards clearly after touching 0.7660 level, to approach the bullish channel’s support line, noticing that the price begins to rise now, to hint heading to resume the main bullish trend, which its next target reaches 0.7700.
Therefore, our bullish overview will remain valid conditioned by the price stability above 0.7525.
The expected trading range for today is between 0.7550 support and 0.7660 resistance
The expected trend for today: Bullish
Origin: Economies
