The AUDUSD pair bounced bearishly after approaching our main waited target at 0.7277, but we notice that stochastic shows clear oversold signals, to form positive motive that we expect to push the price to rise again, noting that breaching the mentioned level will extend the bullish wave to reach 0.7437 as a next station.
Note that breaking 0.7140 will stop the expected rise and push the price to return to the main bearish channel again.
Expected trading range for today is between 0.7140 support and 0.7277
Expected trend for today: Bullish