The AUDUSD pair begins with new negativity after testing 0.7375 level again in the previous sessions, motivated by the negative signal provided by stochastic, waiting for more decline to visit 0.7300 initially, reminding you that breaking this level will extend the bearish wave to reach 0.7225.
On the other hand, we should note that breaching 0.7375 will stop the expected decline and lead the price to turn to rise.
The expected trading range for today is between 0.7280 support and 0.7375 resistance
The expected trend for today: Bearish
Origin: Economies
