The AUDUSD pair begins today with new decline to move below 0.7615, which reinforce the expectations of continuing the bearish trend on the intraday and short term basis, and we believe that the way is open now to visit our next negative target at 0.7500.
Therefore, the bearish trend scenario will remain domination in the upcoming sessions unless the price rallied to breach 0.7665 and hold above it.
The expected trading range for today is between 0.7530 support and 0.7650 resistance
The expected trend for today: Bearish
Origin: Economies
