The AUDUSD pair shows more bearish bias to gradually approach our waited target at 0.7395, organized inside the bearish channel that appears on the chart, noting that the chances valid to break the mentioned level and open the way to head towards the next correctional level at 0.7315.
Therefore, we will continue to support the bearish trend for the upcoming period unless breaching 0.7495 and holding above it.
The expected trading range for today is between 0.7380 support and 0.7480 resistance
The expected trend for today: Bearish
Origin: Economies