The AUDUSD pair provided additional positive trades yesterday to approach our waited positive target at 0.7205, which represents 38.2% Fibonacci correction level for the decline measured from 0.7555 to 0.6993, noting that breaching it will push the price to visit the next correctional level at 0.7275.
Until now, we expect the continuation of the bullish trend domination on the intraday basis unless breaking 0.7125 followed by 0.7085 levels and holding below them.
The expected trading range for today is between 0.7125 support and 0.7230 resistance
The expected trend for today: Bullish
Origin: Economies
