The AUDUSD pair shows some bullish bias to approach testing the intraday bearish channel’s resistance, and as long as the price is below 0.7500, our bearish overview will remain valid for today, supported by the negative pressure formed by the EMA50, reminding you that our main waited target is located at 0.7375.
The expected trading range for today is between 0.7350 support and 0.7480 resistance
The expected trend for today: Bearish