The AUDUSD pair closed the daily candlestick below 0.7044, to confirm the continuation of the expected bearish trend scenario on the intraday basis, which its next main target located at 0.6900.
The EMA50 supports the expected decline, noting that breaching 0.7044 and holding above it again will lead the price to rise and achieve gains that reach 0.7250 on the near term basis.
The expected trading range for today is between 0.6960 support and 0.7080
The expected trend for today: Bearish