The AUDUSD pair rallied upwards strongly to breach the sideways range resisatnce that dominated the recent trading as appears on chart, which supports the continuation of our bullish trend expectations efficiently in the upcoming period, as it succeeded to surpass our first waited target at 0.8000 and heads towards our next target at 0.8115.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions, supported by the EMA50, noting that holding above 0.7970 represents the first condition to continue the suggested bullish wave.
Expected trading range for today is between 0.7970 support and 0.8150
Expected trend for today: Bullish