The AUDUSD pair succeeded to breach the bearish channel’s resistance to reach the first waited target at 0.7818, which reinforces our expectations to continue the bullish trend on the intraday and short term basis, which its targets extend to reach 0.7893 after breaching the previous level, while holding above 0.7743 represents key condition to continue the expected rise.
Expected trading range for today is between 0.7700 support and 0.7860
Expected trend for today: Bullish