The AUDUSD pair resumes its positive trading by today’s opening to reach the first waited target at 0.7595, as trading settles near this level now, and we are still waiting to breach this level to confirm opening the way to head towards our next main target at 0.7833.
In general, the bullish trend will remain valid for the upcoming period supported by the EMA50, unless breaking 0.7448 level and holding below it, which will push the price to test the key support areas that begin at 0.7329 and might extend to 0.7210 before any new attempt to rise.
Expected trading range for today is between 0.7500 support and 0.7700
Expected trend for today: Bullish
Origin: Economies
