The AUDUSD pair showed clear breach to 0.7448 level and settled above it, which stops the negative pressure that dominated the recent trading and lead the price to attempt to return to the main bullish trend again, noticing that the price draws positive technical formation that its confirmation line located at 0.7495, which means that breaching this level will confirm rallying to achieve more gains in the upcoming period.
Therefore, the bullish trend will be suggested in the upcoming sessions unless breaking 0.7448 level and holding below it again, noting that the positive targets begin at 0.7595 and extend to 0.7680.
Expected trading range for today is between 0.7400 support and 0.7595
Expected trend for today: Bullish
Origin: Economies
