The AUDUSD pair kept its stability above the breached resistance of the minor bullish channel that appears on chart, which supports the continuation of the expected bullish trend for the upcoming period, which targets testing 0.8000 level as a next main station.
The EMA50 provides continuous support to the expected bullish wave, while stochastic attempts to get rid of its negativity gradually to gather enough positive momentum to motivate the price to resume the bullish bias, which its continuation conditions holding above 0.7705 level.
Expected trading range for today is between 0.7705 support and 0.7950
Expected trend for today: Bullish
Origin: Economies
