The AUDUSD pair achieved clear breach to the minor bearish channel’s resistance and settled above it, hinting the price head to regain the main bullish trend after approaching from our main waited target at 0.7830, and the price needs to breach 0.7910 to confirm the release from the negative pressure.
Therefore, the bullish trend will remain suggested in the upcoming sessions unless breaking 0.7830 level and holding below it, noting that the positive targets begin at 0.8000 and extend to 0.8115.
Expected trading range for today is between 0.7830 support and 0.8020
Expected trend for today: Bullish
Origin: Economies
