The AUDUSD pair begins today’s trading with slight bullish bias, hinting the price head to resume the expected bullish trend for the upcoming period, supported by the positive signal provided by stochastic, waiting to test 0.7437 mainly.
Therefore, we will continue to suggest the bullish trend conditioned by the price stability above 0.7277, noting that breaching the targeted level will extend the bullish wave to reach 0.7566.
Expected trading range for today is between 0.7320 support and 0.7440
Expected trend for today: Bullish