The AUDUSD pair begins today’s trading with bullish bias to approach our first waited target at 0.7818, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, reminding you that breaching this level will push the price towards 0.7893 as a next target.
Therefore, we will continue to suggest the bullish trend, supported by the EMA50, reminding yout hat holding above 0.7743 represents key condition to achieve the suggested targets.
Expected trading range for today is between 0.7740 support and 0.7870
Expected trend for today: Bullish