The AUDUSD pair shows bullish bias after leaning on the bullish channel’s support line, and we need to monitor the upcoming trades, as continuing the rise and breaching 0.7265 will stop the morning suggested negative scenario and lead the price to achieve more gains in the upcoming sessions, while breaking 0.7160 is required to reinforce the expectations of decline towards 0.7100 as a next negative target.
The expected trading range for today is between 0.7130 support and 0.7240 resistance
The expected trend for today: Bearish