The AUDUSD pair returns to trade positively surpassing 0.7840 level, and it attempts to settle above it, which reactivates the suggested bullish trend scenario in our last reports, supported by stochastic current positivity, waiting for targeting 0.8000 level initially.
We should be aware that the continuation of the bullish trend depends on the stability above 0.7840 and the most important above 0.7675.
Expected trading range for today is between: 0.7700 support and 0.7950
Expected trend for today: Bullish