The AUDUSD pair bounced downwards strongly to break 0.7205 level and settles below it, to reactivate the bearish trend scenario again, on its way to decline towards 0.7125 as a first negative target.
Therefore, the bearish bias will be expected in the upcoming sessions unless breaching 0.7205 followed by 0.7275 levels and holding above them.
The expected trading range for today is between 0.7120 support and 0.7230 resistance
The expected trend for today: Bearish
Origin: Economies
