The AUDUSD pair provided clear positive trades yesterday to test the key resistance 0.7745, as it kept its stability below it, to start declining now, supported by stochastic negativity, waiting to test 0.7665 level initially, noting that breaking this level will push the price to 0.7625 followed by 0.7550 levels as next negative targets.
Therefore, we will continue to suggest the bearish trend for the upcoming period unless breaching 0.7745 and holding above it.
The expected trading range for today is between 0.7665support and 0.7780
The expected trend for today: Bearish