The AUDUSD pair shows some bearish bias after testing the previously broken support of the bullish channel that appears on chart and turns into key resistance now at 0.7740, waiting to breach this level to confirm the continuation of the bullish rally towards our main target at 0.7833.
Therefore, the bullish trend will remain valid and active for the rest of the day, conditioned by the price stability above 0.7655 and the most important above 0.7595.
Expected trading range for today is between 0.7655 support and 0.7833
Expected trend for today: Bullish