The AUDUSD pair rallied upwards strongly to reach the first extended target at 0.7550, and we believe that the way is open to continue the rise on the short term and medium term basis, reminding you that our next station is located at 0.7615.
Holding above 0.7475 is important to continue the bullish trend, which gets continuous support by the EMA50, as breaking it will press on the price to start correctional bearish wave on the intraday basis.
The expected trading range for today is between 0.7500 support and 0.7600 resistance
The expected trend for today: Bullish
Origin: Economies
