The AUDUSD pair returns to test the key resistance 0.7375, and as long as the price is below the bearish channel’s resistance, our bearish overview will remain valid and active, supported by the negative pressure formed by the EMA50, besides stochastic loss to the positive momentum, reminding you that our waited targets begin at 0.7300 and extend to 0.7230.
The expected trading range for today is between 0.7300 support and 0.7410 resistance
The expected trend for today: Bearish
Origin: Economies
