The AUDUSD pair continues its negative pressure to break 0.8000 barrier and settles below it, reinforcing the expectations of more downside moves in the upcoming period, where we wait for visiting 0.7800 then 0.7600 levels mainly.
The EMA50 puts negative pressure that supports the suggested decline, which remains valid and active unless breaching 0.8030 then 0.8115 levels and holding above them.
Expected trading range for today is between: 0.7900 support and 0.8115 resistance.
Expected trend for today: Bearish