The Australian dollar against the US dollar opened the trading day with new positivity, to breach the 0.7578 level and try to maintain it above it, reinforcing expectations for the continuation of the main bullish trend, approaching our first awaited target at 0.7600, and we expect the bullish tendency to continue heading towards 0.7700, which represents our next main target.
Thus, the positive scenario will remain valid and effective for the upcoming period, provided that the price maintains stability above 0.7520.
The expected trading range for today is between 0.7520 support and 0.7670 resistance
The expected general trend for today: Bullish