The AUDUSD pair continues to fluctuate at the intraday bearish channel’s resistance, and stochastic shows clear overbought signals, waiting to motivate the price to resume the expected bearish trend for today, which targets 0.7000 as a next station, reminding you that it is important to hold below 0.7110 to continue the expected decline.
Expected trading range for today is between 0.7000 support and 0.7150
Expected trend for today: Bearish