The AUDUSD pair rallied bearishly after confirming breaking 0.7315 level, to reach our extended target at 0.7235 and settles there, noticing that the price begins today with bearish bias that makes us suggest surpassing this level and head towards 0.7130 areas on the near term basis.
Therefore, we expect to witness more decline in the upcoming sessions unless breaching 0.7315 and holding above it.
The expected trading range for today is between 0.7170 support and 0.7260 resistance
The expected trend for today: Bearish
Origin: Economies
