The AUDUSD pair continued its negative pressure to break 0.7937 and settled with a daily close below it, which opens the way to extend the bearish correction on the short term basis, to head towards targeting 0.7820 areas as next main target, especially after completing the double top pattern that its signs appear on chart.
Therefore, the bearish trend will be expected in the upcoming sessions unless the price managed to breach 0.7937 level and hold above it again.
Expected trading range for today is between 0.7820 support and 0.8000
Expected trend for today: Bearish