The AUDUSD pair keeps rising to gradually approach our waited target at 0.7277, which represents 23.6% Fibonacci correction level, noting that breaching this level will extend the pair’s gains to reach 0.7437 on the near term basis, while holding above 0.7145 represents key condition to continue the suggested correctional bullish wave.
Expected trading range for today is between 0.7130 support and 0.7277
Expected trend for today: Bullish