The AUDUSD pair hovers around the EMA50 since yesterday, keeping its stability above the key support 0.7100, to keep the bullish trend scenario valid until now, which targets testing 0.7315 level mainly, noting that breaching this level will lead the price to start bullish correction on the short term basis and stop the main bearish trend.
Expected trading range for today is between 0.7100 support and 0.7250
Expected trend for today: Bullish