The AUDUSD pair keeps rising to begin the attempts to surpass the intraday bullish channel’s resistance that appears on the chart, waiting for more bullish bias that targets testing 0.7250 level as a next main station.
In general, we will continue to suggest the bullish trend in the upcoming sessions supported by the EMA50, reminding you that holding above 0.7044 represents the most important condition to continue the expected rise.
The expected trading range for today is between 0.7120 support and 0.7250
The expected trend for today: Bullish