The EMA50 forms good resistance against the AUDUSD pair’s positive attempts, noticing that stochastic begins to overlap negatively now, which supports the chances of resuming the expected bearish trend for today, which its targets begin by breaking 0.7665 to confirm the beginning of the correctional bearish wave, which its first target located at 0.7625.
Therefore, we will keep our bearish overview conditioned by the price stability below 0.7745.
The expected trading range for today is between 0.7640 support and 0.7760
The expected trend for today: Bearish