The AUDUSD pair shows more bearish bias to press on the bearish channel’s support line, waiting for additional negative trades to achieve the expected targets that start at 0.7260 and extend to 0.7170 after breaking the previous level, reminding you that the continuation of the bearish wave depends on the price stability below 0.7400.
The expected trading range for today is between 0.7240 support and 0.7350 resistance
The expected trend for today: Bearish