The AUDUSD pair shows clear positive trading to approach from testing the initial critical resistance at 0.7360, and keeps its stability within the bearish channel that appears in the image, accompanied with the issuance of clear negative signals that come from stochastic now, waiting for motivating the price to decline to resume the main brearihs trend that its next target at 0.7260.
On the other hand, you should be aware that breaching 0.7360 then 0.7400 levels will stop the current negative scenario and leads the price to regain the bullish track again.
The expected trading range for today is between 0.7280 support and 0.7370 resistance
The expected trend for today: Overall bearish
Origin: Economies
