The AUDUSD pair bounced bullishly after testing 0.7615 level yesterday, to fluctuate around 0.7660 level now, noticing that the price keeps its stability below this level until now, accompanied by witnessing negative signals through stochastic.
Therefore, these factors encourage us to keep our bearish overview, which its targets begin by breaking 0.7615 to confirm extending the bearish wave towards 0.7500, reminding you that it is important to hold below 0.7660 to continue the expected decline.
The expected trading range for today is between 0.7580 support and 0.7690 resistance
The expected trend for today: Bearish