The AUDUSD pair closed yesterday’s trading at the critical resistance at 0.7448, noticing that stochastic begins to overlap positively on the four hours time frame, which forms a positive motive that we wait to assist to push the price to breach the mentioned level, which will confirm the continuation of the bullish wave on the short term basis and eases heading towards 0.7595 as a next main station.
Therefore, the bullish trend scenario will remain valid and active in the upcoming sessions, reminding you that the extended target reaches to 0.7833, while holding above 0.7329 represents an important condition for achieving the suggested targets.
Expected trading range for today is between 0.7329 support and 0.7595
Expected trend for today: Bullish
Origin: Economies
