The AUDUSD pair crawls downwards calmly to move away from 0.7205 level, reinforcing the expectations of continuing the bearish trend, and the way is open to test 0.7125 that represents our first target.
The EMA50 supports the expected decline, which will remain valid conditioned by the price stability below 0.7205 and the most important below 0.7275.
The expected trading range for today is between 0.7120 support and 0.7220 resistance
The expected trend for today: Bearish
Origin: Economies
