The AUDUSD pair shows slight positive trades and settles around 0.7060 level now, noticing that stochastic provides clear negative signals now, waiting to motivate the price to resume the bearish trend that its targets begin by breaking 0.7020 level to confirm opening the way to head towards 0.6920 as a next station.
Therefore, we will continue to suggest the bearish trend unless breaching 0.7120 level and holding above it.
Expected trading range for today is between 0.6980 support and 0.7100
Expected trend for today: Bearish