The AUDUSD pair settles below 0.7125 level, to keep the negative pressure valid for the upcoming period, supported by stochastic negativity, waiting to head towards 0.6995 that represents our next main target, noting that breaching 0.7125 will push the price to achieve new bullish correction that targets visiting 0.7205 areas on the near term basis.
The expected trading range for today is between 0.7050 support and 0.7160 resistance
The expected trend for today: Bearish
Origin: Economies
