The AUDUSD pair resumes its positive trades after testing the intraday bullish channel’s support line, to settle above 0.7413 again, which supports the continuation of our main bullish overview, which targets 0.7530 as a next positive station.
Therefore, we will continue to suggest the bullish trend for the upcoming period supported by the EMA50, reminding you that it is important to hold above 0.7335 to continue the suggested rise.
The expected trading range for today is between 0.7380 support and 0.7500
The expected trend for today: Bullish
Origin: Economies