The AUDUSD pair kept its stability above 0.7595 level after testing it yesterday, to keep the bullish trend scenario valid and active until now, and the price needs to get enough positive momentum to push trading to resume the bullish bias again, as stochastic approaches from the oversold areas in attempt to provide the required positive momentum.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions conditioned by the stability above 0.7595 and 0.7540 levels, reminding you that our main targets begin at 0.7833 and extend to 0.8115.
Expected trading range for today is between 0.7540 support and 0.7720
Expected trend for today: Bullish
Origin: Economies
