The AUDUSD pair opens today’s trading with clear decline approaching our main waited target at 0.9200, to support the bearish trend expectations on the intraday basis, which its targets extend to reach 0.9080 areas in case the previous level was broken.
The EMA50 and stochastic support the suggested decline, which remains valid and active until the price manages to breach 0.9330 level and hold above it.
Expected trading range for today is between: 0.9150 support and 0.9330 resistance.
Expected trend for today: Bearish