The AUDUSD pair retests 0.7820 level that was broken previously and still below it, which keeps our bearish trend expectations valid until now, as the price is organized inside the correctional bearish channel that appears on chart, waiting to visit 0.7727 level as a next main station.
Therefore, we are waiting for negative trading in the upcoming sessions supported by the EMA50, unless the price managed to breach 0.7820 followed by 0.7860 levels and hold above them.
Expected trading range for today is between 0.7727 support and 0.7900
Expected trend for today: Bearish