The AUDUSD pair rallied upwards strongly to breach 0.6980 and settles above it, to reactivate the bullish trend scenario, paving the way to head towards 0.7050 as a next correctional target.
Therefore, we are waiting for more expected rise in the upcoming sessions, noting that breaking 0.6980 will press on the price to decline and test 0.6910 before any new attempt to rise.
The expected trading range for today is between 0.6950 support and 0.7050 resistance
The expected trend for today: Bullish