The AUDUSD pair succeeded to touch our waited target at 0.7615 and finds solid resistance there, to show some temporary bearish bias, affected by stochastic negativity, noticing that the indicator got rid of its negative momentum to reach the oversold areas, waiting to motivate the price to resume the positive trades to surpass the mentioned level and head towards 0.7675 as a next station.
Therefore, the bullish trend will remain valid and active for the upcoming period unless breaking 0.7500 and holding below it.
The expected trading range for today is between 0.7540 support and 0.7650 resistance
The expected trend for today: Bullish