The AUDUSD pair begins today’s trading with strong rise moving away from 0.7210 level, to reinforce our bullish overview that targets 0.7329 followed by 0.7448 levels as next main stations, supported by the EMA50 that carries the price from below.
Therefore, the bullish bias will be suggested for the upcoming sessions conditioned by the price stability above 0.7210 level, which breaking it represents the key to return to continue the correctional bearish track that its next target located at 0.7063.
Expected trading range for today is between 0.7200 support and 0.7400
Expected trend for today: Bullish
Origin: Economies