The AUDUSD pair traded with clear negativity this morning to approach from our first target at 0.7383, waiting to break this level to confirm extending the bearish wave towards 0.7299, and the price falls under the negative pressure formed by the EMA50 now.
Therefore, we will continue to suggest the bearish trend for the rest of the day unless we witnessed clear breach and holding with a daily close above 0.7451.
Expected trading range for today is between 0.7299 support and 0.7451
Expected trend for today: Bearish