The AUDUSD pair continues to fluctuate within sideways track since yesterday, keeping its stability below 0.7633, to keep the negative pressure valid for the upcoming period, supported by the EMA50 besides the negative signal that stochastic begins to provide now.
Therefore, we will continue to suggest the bearish trend in the upcoming sessions conditioned by holding below 0.7633, waiting to test 0.7516 as a next main target, noting that breaking this level will push the price towards 0.7415 direct.
Expected trading range for today is between 0.7500 support and 0.7650
Expected trend for today: Bearish