The AUDUSD pair shows some bearish bias now after touching 0.7900 barrier, affected by stochastic negativity that appears on the four hours' time frame, which might push the price to test the bullish channel's support line that appears on the chart before resuming the rise again.
In general, we will continue to suggest the bullish trend in the upcoming sessions as long as 0.7820 level remains intact, noting that our positive targets begin at 0.7937 and extend to 0.8125 after breaching the previous level.
Expected trading range for today is between 0.7800 support and 0.7970
Expected trend for today: Bullish