The AUDUSD pair made new test to 0.7595 level and kept its stability below it, which keeps our bearish trend overview valid until now, which targets visiting 0.7448 followed by 0.7329 levels as first main stations.
Note that the continuation of the expected decline depends on the stability below 0.7595 and 0.7670 levels, as breaching these levels represents the key to stop the current negative pressure and push the price to turn its medium term track to the upside.
Expected trading range for today is between 0.7448 support and 0.7640
Expected trend for today: Bearish
Origin: Economies
