The AUDUSD pair shows some slight bearish bias to approach from testing the EMA50, noticing that stochastic gets rid of its negativity to reach the thresholds of the oversold areas, which forms positive motive that we are waiting to assist to push the price to rise again.
In general, we will continue to suggest the bullish trend in the upcoming period unless breaking 0.7800 level and holding below it, reminding you that our main waited targets begin at 0.8000 and extend to 0.8115.
Expected trading range for today is between 0.7850 support and 0.8040
Expected trend for today: Bullish