The AUDUSD pair tests the bearish channel’s resistance, and it might extend to test the most important at 0.7044 before attempting to decline again.
In general, the bearish trend scenario remains active if the price settled below the mentioned level, reminding you that our initial main target is located at 0.6900.
The expected trading range for today is between 0.6930 support and 0.7044
The expected trend for today: Bearish