The AUDUSD pair achieved new breach the main resistance line that turns into support now at 0.7620 and ended last week above it, which reactivates the bullish trend scenario on the short term basis, opening the way to target areas that begin at 0.7833 and extend to 0.8115.
Therefore, the bullish bias will be suggested in the upcoming sessions supported by the EMA50, unless the price witnessed clear break and holding below 0.7620 and 0.7595 levels.
Expected trading range for today is between 0.7580 support and 0.7800
Expected trend for today: Bullish
Origin: Economies.com
