The AUDUSD pair tested 0.6097 level and keeps its stability above it until now, to start the attempts to return to the bullish channel that appears on the chart, noticing that stochastic provides positive overlapping signal now, which forms positive motive that we expect to assist to push the price to rise in the upcoming sessions.
Therefore, the bullish trend scenario will remain valid on the intraday basis conditioned by the price stability above 0.6097, reminding you that our next main target is located at 0.6236.
The expected trading range for today is between 0.6050 support and 0.6236
The expected trend for today: Bullish