The AUDUSD pair settles above 0.7125 level, and by taking a deeper look at the chart, we find that the price completes forming inverted head and shoulders’ pattern that appears on the chart, thus, we believe that the chances valid to achieve more rise in the upcoming sessions, and the targets surpass 0.7205 to reach 0.7275.
The EMA50 continues to support the suggested bullish wave, reminding you that it is important to hold above 0.7125 for its continuation.
The expected trading range for today is between 0.7090 support and 0.7205 resistance
The expected trend for today: Bullish
Origin: Economies
