The AUDUSD pair provided additional negative trades yesterday to reach 0.7560, but it returns to approach retesting 0.7625 level, and the price needs to hold below this level as a first condition to continue the correctional bearish trend, which targets 0.7505 as a next station.
Therefore, the bearish trend will remain active unless breaching 0.7625 followed by 0.7665 levels and holding above them.
The expected trading range for today is between 0.7540 support and 0.7665 resistance
The expected trend for today: Bearish
Origin: Economies
