The AUDUSD pair consolidates above 0.7165 level, to keep the bullish trend scenario active for the upcoming period, supported by the EMA50 that carries the price from below, reminding you that our next main target reaches 0.7265.
On the other hand, we should note that breaking 0.7165 – 0.7145 levels will stop the expected rise and press on the price to turn to decline.
The expected trading range for today is between 0.7145 support and 0.7250 resistance
Origin: Economies
