The AUDUSD pair opened today’s trading with strong negativity to complete forming double top pattern that its signs appear on the chart, which reactivate the bearish trend scenario on the intraday and short term basis, noting that breaking 0.7150 will push the price towards 0.7075 as a next main station.
Therefore, the bearish bias will be suggested in the upcoming sessions unless breaching 0.7210 and holding above it.
The expected trading range for today is between 0.7075 support and 0.7200
The expected trend for today: Bearish