AUDUSD approaches from the target – Analysis - 30-06-2017

The AUDUSD pair keeps rising and attempts to confirm breaching 0.7700 barrier, which supports the continuation of our positive overview efficiently for today, as the price approaches from our main waited target at 0.7740, noting that breaching this level will extend the pair's gains to reach 0.7830.

The bullish channel that appears on chart supports the chances of extending the bullish wave on the short term basis, to continue suggesting the bullish trend in the upcoming sessions unless breaking 0.7604 level and holding below it.

Expected trading range for today is between 0.7635 support and 0.7800

Expected trend for today: Bullish