The AUDUSD pair bounced downwards strongly yesterday after testing 0.7700 barrier, to fluctuate at the key support 0.7595 now keeping its stability above it, accompanied by stochastic move at the oversold areas.
Therefore, we believe that the chances are valid to trade positively in the upcoming sessions, and the main targets begin at 0.7833, being aware that breaking 0.7595 level will stop the suggested rise and push the price to suffer losses that start at 0.7448.
Expected trading range for today is between 0.7530 support and 0.7750
Expected trend for today: Bullish
Origin: Economies