The AUDUSD pair returns to rise after approaching the main bullish channel’s support line yesterday, to resume its main bullish track, supported by the EMA50 that keeps carrying the price from below, waiting to visit 0.7200 followed by 0.7290 levels as next main targets.
On the other hand, we should note that breaking 0.7105 followed by 0.7065 levels will stop the expected rise and press on the price to start correctional bearish wave on the intraday basis.
The expected trading range for today is between 0.7120 support and 0.7230
The expected trend for today: Bullish
Origin: Economies
