The AUDUSD pair tests the key support 0.7395, falling under continuous negative pressure coming by the EMA50, waiting to push the price to break the mentioned level and open the way to head towards 0.7315.
Therefore, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 0.7495 and hold above it.
The expected trading range for today is between 0.7350 support and 0.7450 resistance
The expected trend for today: Bearish
Origin: Economies