The AUDUSD pair opened today’s trading with strong rise to succeed achieving our extended target at 0.6900, as it breached it and settles above it now, which supports the chances of continuing the bullish trend within the bullish channel that appears on the chart, noting that this channel’s target extends to reach 0.7200.
Therefore, we will be waiting for more rise in the upcoming period, noting that breaking 0.6884 will push the price for temporary bearish correction before resuming the suggested bullish wave.
The expected trading range for today is between 0.6870 support and 0.7020
The expected trend for today: Bullish