The AUDUSD pair keeps the attempts to breach 0.7700 level without confirming holding above it until now, as stochastic shows negative signals now that we expect to cause some sideways fluctuation before resuming the bullish trend again.
In general, we will continue to suggest the bullish trend in the upcoming period depending on the price move inside the bullish channels that appear on image, and the next targets begin at 0.7780 and extend to 0.8000, noting that holding above 0.7520 and 0.7415 levels represents key condition to achieve the suggested targets.
Expected trading range for today is between 0.7600 support and 0.7800
Expected trend for today: Bullish
Origin: Economies
