The AUDUSD pair begins today’s trading with slight rise to move above the EMA50, and it keeps its stability inside the intraday bullish channel that appears on the chart, to continue suggesting the bullish trend in the upcoming sessions, supported by the positive signal provided now by stochastic.
Our main waited target is located at 0.7250, noting that achieving it conditions holding above 0.7044.
The expected trading range for today is between 0.7060 support and 0.7180
The expected trend for today: Bullish