The AUDUSD pair resumes its negative trading to settle below 0.7300 level, reinforcing the expectations of continuing the bearish trend in the upcoming period, waiting to test 0.7100 level as a next main station.
The bearish channel still organizes the overall bearish trend, which will remain valid unless breaching 0.7415 followed by 0.7560 levels and holding above them.
Expected trading range for today is between 0.7150 support and 0.7400
Expected trend for today: Bearish