The AUDUSD pair begins today’s trading with bullish bias after approaching the bullish channel’s support line that appears on the chart, getting positive signals through stochastic, which supports the chances of continuing the positive trades in the upcoming sessions, waiting to visit 0.7015 level as a next main station.
Therefore, the positive scenario will remain valid on the intraday and short term basis unless breaking 0.6805 level and holding below it.
The expected trading range for today is between 0.6830 support and 0.6900
The expected trend for today: Bullish