The AUDUSD pair shows sideways and tight trading since morning, settling around 0.7425, and as long as the price is below 0.7473, the bearish trend will remain dominant on the intraday and short term basis, supported by the negative pressure formed by the EMA50, reminding you that the waited target is located at 0.7270.
Expected trading range for today is between 0.7330 support and 0.7473
Expected trend for today: Bearish