The AUDUSD pair resumes its positive trading after testing 0.7125 level in the previous sessions, to head towards our first waited target at 0.7205, and we expect to surpass this level to open the way to head towards the next correctional level at 0.7275.
Therefore, the bullish bias will remain expected on the intraday basis unless breaking 0.7125 and holding below it.
The expected trading range for today is between 0.7140 support and 0.7220 resistance
The expected trend for today: Bullish