The AUDUSD pair ended yesterday’s trading with strong negativity to break 0.7448 level and settle below it, which puts the price under negative pressure that we expect to push trading towards 0.7329 initially.
Therefore, the bearish bias will be suggested in the upcoming sessions unless the price managed to breach 0.7448 level and hold above it again, noting that breaking 0.7329 level will extend the bearish wave to target 0.7210 areas direct.
Expected trading range for today is between 0.7300 support and 0.7470
Expected trend for today: Bearish
Origin: Economies
