The AUDUSD pair rallied upwards to surpass our waited target at 0.7405 and confirms the extension of the bullish wave on the intraday and short term basis, paving the way to head towards 0.7478 as a next main target, noting that the continuation of the bullish wave requires holding above 0.7360.
The expected trading range for today is between 0.7350 support and 0.7440 resistance
The expected trend for today: Bullish