The AUDUSD pair resumed its bullish rally by today's opening to approach from 0.8000 level, which supports the continuation of our bullish overview efficiently in the upcoming period, noting that breaching the mentioned level will extend the bullish wave to reach 0.8115 as a next main station.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis unless breaking 0.7830 level and holding below it, noting that the EMA50 continues to support the expected bullish wave.
Expected trading range for today is between 0.7900 support and 0.8080
Expected trend for today: Bullish