The AUDUSD pair succeeded to touch our first main waited target at 0.7451, showing some bullish bias affected by stochastic positivity, which might push the price to retest 0.7519 level before turning back to decline again.
Therefore, the bearish trend will remain suggested in the upcoming sessions unless breaching 0.7519 level and holding above it, noting that the EMA50 keeps supporting the suggested bearish wave, which its targets extend to reach 0.7383 as a next main station.
Expected trading range for today is between 0.7383 support and 0.7550
Expected trend for today: Bearish
Origin: Economies
