The AUDUSD pair touched our first target at 0.7125 and found solid support there, to show bullish bias and approach testing the key resistance 0.7205, and the price needs to hold below this level to keep the bearish trend scenario active for the upcoming period, which its targets extend to 0.7000.
We should note that breaching 0.7205 will lead the price to recover again and test 0.7275 as a next station.
The expected trading range for today is between 0.7100 support and 0.7230 resistance
The expected trend for today: Bearish
