The AUDUSD pair begins today’s trading with bullish bias to move above 0.7277 level, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, reminding you that our next main target extends to reach 0.7437.
The EMA50 keeps supporting the suggested bullish wave, which its continuation conditions holding above 0.7230.
Expected trading range for today is between 0.7230 support and 0.7360
Expected trend for today: Bullish