The AUDUSD pair returns to test the intraday bearish channel’s resistance and attempts to breach it, which urges caution from the upcoming trading, as continuing the rise and breaching 0.7285 will lead the price to achieve more gains that target 0.7375 areas on the near term basis, while the price needs to break 0.7225 to confirm rallying towards 0.7100 as a next negative target.
The expected trading range for today is between 0.7160 support and 0.7260 resistance
The expected trend for today: Bearish