The AUDUSD pair settles above 0.7600 level, which keeps the bullish trend scenario valid for the upcoming period, supported by stochastic positivity that appears on the four hours’ time frame, besides the continuous support offered by the EMA50.
Therefore, the way is open to resume the bullish bias that its next main target located at 0.8060, reminding you that breaking 0.7600 level will push the price to test 0.7415 level before any new attempt to rise.
Expected trading range for today is between 0.7550 support and 0.7800
Expected trend for today: Bullish
Origin: Economies
