The AUDUSD pair succeeded to achieve our first waited target at 0.7125 and finds solid support there, starting today with new decline to head towards breaking this level and open the way to extend the bearish wave on the intraday basis, as the next target reaches 0.7000 areas.
Therefore, the bearish trend will remain suggested in the upcoming sessions conditioned by the price stability below 0.7205.
The expected trading range for today is between 0.7070 support and 0.7160 resistance
The expected trend for today: Bearish
Origin: Economies
