The AUDUSD pair bounced upwards clearly after reaching our waited target at 0.7395, to test the key resistance 0.7495 and rebounds bearishly from there, to resume the correctional bearish trend, on its way to attack 0.7395 and attempt to open the way to head towards 0.7315 as a next target.
Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 0.7495.
The expected trading range for today is between 0.7390 support and 0.7490 resistance
The expected trend for today: Bearish
Origin: Economies
