The AUDUSD pair tests the intraday bullish channel’s support line that appears on the chart, getting positive support by the EMA50, while stochastic provides positive signal now.
Therefore, these factors encourage us to continue suggesting the bullish trend in the upcoming sessions, which its targets begin at 0.7277 and extend to 0.7437, while achieving them conditions holding above 0.7180.
Expected trading range for today is between 0.7180 support and 0.7300
Expected trend for today: Bullish