The AUDUSD pair tests the EMA50 now, and the price still inside the intraday bullish channel that appears on the chart, noting that surpassing the current barrier might push the price to test the channel’s support line at 0.7090 before turning back to rise again.
In general, we will continue to suggest the overall bullish trend unless breaking 0.7090 and the most important 0.7044 and holding below them, reminding you that our next target is located at 0.7250.
The expected trading range for today is between 0.7090 support and 0.7220
The expected trend for today: Bullish