The AUDUSD pair consolidated above the bullish channel’s support line that appears on the chart, to start today with bullish bias in attempt to move away from the mentioned support, which hints the price head to resume the main bullish trend, on its way to test the recently recorded top at 0.7413 initially.
Therefore, the bullish bias will be suggested for today, noting that breaking 0.7260 will stop the expected rise and press on the price to decline again.
The expected trading range for today is between 0.7260 support and 0.7380
The expected trend for today: Bullish