The AUDUSD pair returns to fluctuate around 0.7210 level again, as the price is affected by stochastic positivity, while the EMA50 meets the mentioned level to add more strength to it, which keeps the negative scenario valid until now, waiting to rebound bearishly to target 0.7063 as a next main station.
Therefore, the bearish trend will remain suggested in the upcoming sessions unless we witnessed clear breach and holding above 0.7329.
Expected trading range for today is between 0.7100 support and 0.7250
Expected trend for today: Bearish
Origin: Economies
