The AUDUSD pair continued to rise yesterday to test 0.7765 level, noticing that stochastic begins to provide clear negative signals now, to support the chances of resuming the correctional bearish trend, which its next target located at 0.7615.
Therefore, our bearish overview will remain valid conditioned by the price stability below 0.7765.
The expected trading range for today is between 0.7670 support and 0.7765 resistance
The expected trend for today: Bearish
Origin: Economies
