The AUDUSD pair reached few pips away from our main waited target at 0.7329, to show some slight bullish bias affected by stochastic positivity, while the EMA50 keeps forming the negative pressure against the intraday and short term trading, which supports the chances of surpassing the mentioned level followed by opening the way to head towards 0.7210 as a next main station.
Therefore, our bearish overview will remain valid and active for the upcoming period unless we witnessed clear breach and stability above 0.7448.
Expected trading range for today is between 0.7210 support and 0.7448
Expected trend for today: Bearish
Origin: Economies
