The AUDUSD pair opens today’s trading with new negativity to approach our waited target at 0.7170, and continues to move inside the bearish channel that has additional negative targets that surpass the mentioned level to reach 0.7135.
Therefore, the bearish trend will remain suggested and dominant in the upcoming sessions unless breaching 0.7260 and holding above it.
The expected trading range for today is between 0.7150 support and 0.7240 resistance
The expected trend for today: Bearish