The AUDUSD pair trades with strong negativity now to attack the key support 0.7085 and attempts to hold below it, which hints the price head to continue the decline in the upcoming sessions, but it needs to get a daily close below the mentioned support to confirm the continuation of the bearish wave towards 0.7000.
Therefore, our neutrality will remain valid until the price confirms breaking the above mentioned support or breaching 0.7165 resistance.
The expected trading range for today is between 0.7100 support and 0.7220
The expected trend for today: Neutral