The AUDUSD pair provided positive trades yesterday to test the key resistance 0.7375, keeping its stability below it until now, to keep the bearish trend scenario active on the intraday and short term basis, supported by stochastic negativity, waiting to visit 0.7300 level initially.
We should note that breaching 0.7375 and holding above it will stop the expected decline and lead the price to turn to rise.
The expected trading range for today is between 0.7300 support and 0.7400 resistance
The expected trend for today: Bearish
Origin: Economies
