The AUDUSD pair still stable below 0.7595 level, and the EMA50 keeps pushing negatively on the price, which keeps the bearish trend scenario valid until now, waiting to visit 0.7448 followed by 0.7329 levels mainly.
We remind you that the continuation of the expected bearish trend depends on the stability below 0.7595 and 0.7685 levels, as breaching these levels represents the key to exit from the main bearish channel followed by turning the medium term track to the upside.
Expected trading range for today is between 0.7400 support and 0.7600
Expected trend for today: Bearish
Origin: Economies
