The AUDUSD pair traded with additional positivity to test the bearish channel’s resistance, while the EMA50 keeps pressing negatively on the price, to keep our bearish overview that depends on the price stability below 0.7315, reminding you that we are waiting to visit 0.7200 followed by 0.7170 levels as next main targets.
The expected trading range for today is between 0.7220 support and 0.7315 resistance
The expected trend for today: Bearish