The AUDUSD pair trades positively now to move above 0.7020 level, but the EMA50 forms negative pressure against the price, to keep the chances valid to decline again, and the price needs to keep the daily close stability below 0.7020 to keep the bearish trend scenario valid for the upcoming period, which its next target located at 0.6935.
Expected trading range for today is between 0.6935 support and 0.7100
Expected trend for today: Bearish