The AUDUSD pair broke 0.7448 level strongly and settled with a daily close below it, which supports the continuation of the bearish trend scenario efficiently in the upcoming period, and the way is open to head towards our main target at 0.7329.
Therefore, the bearish trend will remain suggested on the intraday and short term basis, noting that breaching 0.7448 level will stop the bearish bias and lead the price to test the most important resistance for the short term trading at 0.7595.
Expected trading range for today is between 0.7280 support and 0.7460
Expected trend for today: Bearish
Origin: Economies
