The AUDUSD pair trades with additional positivity by today’s open to reach our waited target at 0.6980, expecting to surpass this level and achieve additional gains that reach 0.7050, supported by moving inside the bullish channel that appears on the chart.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions conditioned by the price stability above 0.6910, noting that the EMA50 keeps supporting the expected bullish wave.
The expected trading range for today is between 0.6930 support and 0.7050 resistance
The expected trend for today: Bullish