The AUDUSD pair begins today’s trading negatively to complete forming double top pattern that appears on the chart, which puts the price under expected negative pressure in the upcoming sessions, targeting 0.7060 followed by 0.7000 levels as next main stations.
Therefore, the bearish bias will be suggested for today unless breaching 0.7165 level and holding above it.
Expected trading range for today is between 0.7060 support and 0.7200
Expected trend for today: Bearish