The AUDUSD pair bounces bearishly after testing 0.8980 level, which keeps the bearish trend scenario valid for the upcoming period, waiting to head towards the next main target at 0.8860.
The EMA50 and stochastic area offering negative signals that support the expected decline, which remains valid unless breaching 0.8980 then 0.9080 levels.
Expected trading range for today is between: 0.8860 support and 0.9015 resistance.
Expected trend for today: Bearish