The AUDUSD pair returns to fluctuate around the EMA50 again, finding difficulty to continue rising, affected by stochastic negativity, waiting to get enough positive motive to push the price to resume the bullish trend that targets 0.7250 level as a next main station.
In general, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 0.7044 level and holding below it.
The expected trading range for today is between 0.7050 support and 0.7180
The expected trend for today: Bullish