The AUDUSD pair opens today’s trading with strong rise affected by the RBA statement, which pushes the price to breach 0.7235 level, thus, we prefer staying aside temporarily until the price confirms its situation according to the mentioned level.
Note that holding above this level will push the price to achieve more gains and head towards 0.7335 as a next main station, while settling below it again will reactivate the bearish trend scenario that its next targets located at 0.7170 followed by 0.7100.
Expected trading range for today is between 0.7180 support and 0.7330
Expected trend for today: Neutral