The AUDUSD pair couldn’t manage to break 0.7125 level, to rebound bullishly and head towards potential tets to 0.7205 level, making the bullish bias suggested for the rest of the day, taking into consideration that breaching the targeted level will extend the bullish wave to reach 0.7275, while the expected rise will remain valid unless breaking 0.7125 and holding below it.
The expected trading range for today is between 0.7125 support and 0.7200 resistance
The expected trend for today: Bullish for the rest of the day