The AUDUSD pair fluctuates around 0.7400 level, noticing that the price completed forming bearish flag pattern that supports the chances of resuming the correctional bearish trend, as it retest the broken support of this pattern, waiting to resume the negative trades to visit 0.7360 followed by 0.7315 levels as main negative targets.
In general, the bearish trend scenario will remain valid for the upcoming period unless breaching 0.7460 level and holding above it.
The expected trading range for today is between 0.7350 support and 0.7440 resistance
The expected trend for today: Bearish
Origin: Economies
