The AUDUSD pair managed to breach the EMA50 to start testing 0.7000 barrier, which supports the continuation of our bullish trend expectations for the rest of the day, and the way is open to achieve our main waited target at 0.7044, noting that holding above 0.6950 represents initial condition to continue the suggested rise.
The expected trading range for today is between 0.6920 support and 0.7020
The expected trend for today: Bullish