The AUDUSD pair continues to crawl upwards to approach from testing 0.7448 level that turns into key resistance now, accompanied by stochastic move inside the overbought areas, while the EMA50 keeps pushing negatively on the intraday and short term trading.
Therefore, our overall bearish trend expectations will remain valid until now, waiting to test 0.7329 level initially, reminding you that it is important to hold below 0.7448 level to continue the expected decline.
Expected trading range for today is between 0.7300 support and 0.7470
Expected trend for today: Overall Bearish
Origin: Economies
