The AUDUSD pair succeeded to touch our waited target at 0.7615 and settled there, expecting the continuation of the negative pressure to break this level and open the way to achieve more bearish correction that its next target reaches 0.7500.
Therefore, the bearish trend will remain suggested for the upcoming sessions, taking into consideration that failing to achieve te required break will lead the price to start recovery attempts that target visiting 0.7765 areas mainly.
The expected trading range for today is between 0.7560 support and 0.7680 resistance
The expected trend for today: Bearish
Origin: Economies