The AUDUSD pair tests 0.7310 resistance level and keeps its stability below it until now, accompanied by stochastic move at the overbought areas, which supports the chances of bouncing bearishly to resume the main bearish trend, which its next target located at 0.7200.
We should note that breaching 0.7310 will push the price to test 0.7410 before any new attempt to decline.
Expected trading range for today is between 0.7220 support and 0.7360
Expected trend for today: Bearish
Origin: Economies
