The AUDUSD pair resumes its negative trading calmly now, to press on 0.7100 level and attempts to settle below it, which supports the expectations of continuing the bearish trend in the upcoming period, as our next targets located at 0.7075 followed by 0.7020.
The EMA50 continues to support the suggested bearish wave, which its continuation conditions holding below 0.7170.
Expected trading range for today is between 0.7020 support and 0.7170
Expected trend for today: Bearish