The AUDUSD pair begins to decline and attempts to move away from 0.7500 level, noticing that stochastic provides negative signals that motivate the price to achieve more expected decline in the upcoming sessions, to continue suggesting the bearish trend that targets 0.7375 as a next station.
Holding below 0.7500 is important to continue the expected decline, as breaching it will lead the price to attempt to regain the main bullish trend again.
The expected trading range for today is between 0.7400 support and 0.7500 resistance
The expected trend for today: Bearish
Origin: Economies
