The AUDUSD pair bounced bearishly after testing 0.7277 yesterday, which keeps our bearish overview valid for the upcoming period, supported by moving below the EMA50, waiting to head towards 0.7080 that represents our first main target.
We should note that breaching 0.7277 and holding above it will stop the negative scenario and lead the price to target 0.7437 level as a next positive station.
Expected trading range for today is between 0.7150 support and 0.7277
Expected trend for today: Bearish