The AUDUSD pair keeps its stability above 0.7277, and stochastic approaches the oversold areas, waiting to motivate the price to resume the expected bullish trend on the intraday and short term basis, organized inside the correctional bullish channel, as our next target is located at 0.7437.
Holding above 0.7277 is important to continue the expected bullish trend and guarantee not turning back to the main bearish trend again.
Expected trading range for today is between 0.7250 support and 0.7400
Expected trend for today: Bullish