The AUDUSD pair traded with clear positivity yesterday to approach 0.7300 barrier, on its way towards our waited target at 0.7335, expecting the continuation of the bullish bias after breaching the key horizontal resistance at 0.7235, which we expect to motivate the price to continue rising towards 0.7500.
Therefore, we are waiting for more bullish bias in the upcoming sessions conditioned by the price stability above 0.7235.
Expected trading range for today is between 0.7235 support and 0.7335
Expected trend for today: Bullish