The AUDUSD pair reached our first waited target at 0.7516 and settles near it, waiting to break this level to confirm extending the bearish wave to reach 0.7415 as a next station.
Therefore, we will continue to suggest the bearish trend in the upcoming sessions conditioned by the price stability below 0.7633, noting that the EMA50 keeps supporting the suggested bearish wave.
Expected trading range for today is between 0.7460 support and 0.7600
Expected trend for today: Bearish