The AUDUSD pair opens today’s trading with clear bullish bias to test 0.7200 level, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, as our next main target is located at 0.7335, noting that the EMA50 supports the suggested bullish wave, which its continuation conditions holding above 0.7125.
Expected trading range for today is between 0.7140 support and 0.7270
Expected trend for today: Bullish