The AUDUSD pair ended yesterday below 0.6780 level, but we notice that stochastic provides clear positive signals that support the chances of recovering again and attempt to resume the bullish trend, and the price needs to step above 0.6780 again to reinforce the chances of heading towards 0.6925 as a next main target.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 0.6735 and holding below it.
The expected trading range for today is between 0.6720 support and 0.6840 resistance
The expected trend for today: Bullish
Origin: Economies
