The AUDUSD pair opens today’s trading with clear negativity to move away from 0.7765 level, which support the expectations of continuing the correctional bearish trend, which its next target located at 0.7615.
Stochastic provides negative signals that support the expected negative scenario, which will remain valid conditioned by the price stability below 0.7765.
The expected trading range for today is between 0.7640 support and 0.7750 resistance
The expected trend for today: Bearish