The AUDUSD pair rallied upwards to breach 0.7170 and settles above it, which turns the intraday track to rise, to head towards testing the main bearish channel’s resistance at 0.7325 before turning back to decline again.
Therefore, the bullish bias will be suggested in the upcoming sessions unless the price managed to break 0.7125 and hold below it.
Expected trading range for today is between 0.7125 support and 0.7270
Expected trend for today: Bearish
Origin: Economies
