The AUDUSD pair shows some bearish bias now after approaching from the bearish channel's resistance that appears on the above chart, noticing that stochastic provides negative overlapping signal on the four hours' time frame, to support the chances of continuing the bearish trend in the upcoming sessions.
Therefore, the bearish bias will remain suggested on the intraday and short term basis, and the targets begin by breaking 0.7383 level to open the way to head towards 0.7299, reminding you that holding below 0.7451 represents key condition to achieve the suggested targets.
Expected trading range for today is between 0.7299 support and 0.7451
Expected trend for today: Bearish