The AUDUSD pair bounced bearishly after retesting 0.7411 level, which supports the continuation of the bearish trend scenario in the upcoming period, supported by the EMA50 that pushes the price downwards, waiting to target 0.7270 level as a next main station, reminding you that the continuation of the expected decline depends on holding below 0.7473.
Expected trading range for today is between 0.7270 support and 0.7425
Expected trend for today: Bearish