The AUDUSD pair bounced downwards strongly after testing 0.7170 level yesterday, to resume the main bearish trend, and the way is open to head towards 0.7000 as a next main target.
The EMA50 continues to support the suggested bearish wave, which its continuation conditions holding below 0.7170.
The expected trading range for today is between 0.7130 support and 0.7150 resistance
The expected trend for today: Bearish
Origin: Economies
