Main Scenario: As long as AUDUSD stays above 0.7260, the main trend will be still upwards on daily basis. Then the pair may go up to 0.7334 price level
Target Expectation: 0.7334- 0.7373
Considerations Supporting The Scenario: The Fed pledged on Wednesday to keep rates near zero until the labor market reaches “maximum employment” and inflation is on track to “moderately exceed” the 2% target, with most policymakers seeing rates on hold through at least 2023.
Alternative Scenario: An alternative expectation may be taken into account in case of a close below 0.7260
Alternative Target Expectation: 0.7239