The AUDUSD pair resumes its positive trading to begin testing 0.7200 level, and it gets a continuous positive support from the EMA50, keeping the bullish trend active in the upcoming period, which targets testing 0.7250 level initially.
Holding above 0.7125 represents an initial condition for the continuation of the suggested rise, where breaking it might push the price to test 0.7085 then 0.7044 levels before any new attempt to rise.
The expected trading range for today is between 0.7125 support and 0.7270
The expected trend for today: Bullish