The AUDUSD pair shows some bullish bias to test the EMA50, as the price is affected by stochastic positivity, but as long as the price is below 0.7044, our bearish overview will remain valid for the upcoming period, as the price settles inside the main bearish channel, reminding you that our main waited targets begin at 0.6900 and extend to 0.6815.
The expected trading range for today is between 0.6900 support and 0.7020
The expected trend for today: Bearish