The AUDUSD pair traded with strong negativity yesterday to surpass our first waited target at 0.7205 and confirms opening the way to achieve more negative targets, which reach 0.7125 as a next station.
Therefore, we expect to witness more decline in the upcoming sessions, affected by the previously completed double top pattern, noting that the continuation of the bearish wave requires holding below 0.7205 and 0.7275 levels.
The expected trading range for today is between 0.7110 support and 0.7220 resistance
The expected trend for today: Bearish
Origin: Economies
