The AUDUSD pair succeeded to reach the bullish channel’s support line that appears on the chart, and the way seems open to continue the decline, noting that breaking 0.7755 will extend the bearish wave to reach 0.7670 followed by 0.7610 levels as next negative stations, while consolidating above it will lead the price to resume the main bullish trend again.
Therefore, we prefer staying aside until the price confirms its situation according to 0.7755 to detect the next destination clearly.
The expected trading range for today is between 0.7740 support and 0.7850 resistance
The expected trend for today: Neutral