The AUDUSD pair shows bullish bias moving away from 0.7604 level, which supports the continuation of the bullish trend scenario on the intraday and short term basis, which gets positive support now from the EMA50, waiting for testing 0.7739 level initially.
Therefore, we wait for more of the upside track in the upcoming sessions, and breaching the targeted level will extend the bullish wave to 0.7900, while the expected rise will remain valid unless breaking 0.7604 level and holding below it.
Expected trading range for today is between 0.7604 support and 0.7739
Expected trend for today: Bullish