The AUDUSD pair settles below 0.7375 level, to keep the negative pressure valid for the upcoming period, waiting to visit 0.7230 that represents our next target.
The EMA50 supports the expected decline, noting that breaching 0.7375 will lead the price to start recovery attempts that target testing 0.7500 initially.
The expected trading range for today is between 0.7270 support and 0.7400 resistance
The expected trend for today: Bearish
Origin: Economies
