The AUDUSD pair managed to achieve our first waited target at 0.7275 and breached it to settle above it, paving the way to visit the next correctional level at 0.7340, waiting for more rise in the upcoming sessions within the bullish channel that appears on the chart.
Holding above 0.7275 represents initial condition to continue the bullish wave, as breaking it will press on the price to test 0.7205 areas initially before determining the next destination clearly.
The expected trading range for today is between 0.7240 support and 0.7340 resistance
The expected trend for today: Bullish
Origin: Economies
