The AUDUSD pair breached 0.7340 level clearly and closed the daily candlestick above it, to head towards achieving more expected gains in the upcoming period, on its way to visit 0.7420 areas as a next positive target.
Therefore, the bullish bias wll be suggested for the upcoming period, noting that failing to hold above 0.7340 will put the price under the negative pressure again, to head towards testing 0.7275 initially.
The expected trading range for today is between 0.7280 support and 0.7400 resistance
The expected trend for today: Bullish
Origin: Economies