The AUDUSD pair confirmed breaching 0.7340 level after closing the daily candlestick above it, to get good positive motive that supports the expectations of continuing the bullish trend on the intraday and short term basis, as the price approaches gradually from our waited target at 0.7413, and we expect surpassing this level to head towards 0.7530 as a next positive station.
Therefore, the bullish trend scenario will remain valid and active for the upcoming period conditioned by the price stability above 0.7295.
The expected trading range for today is between 0.7290 support and 0.7430
The expected trend for today: Bullish
Origin: Economies
