The AUDUSD pair bounced downwards strongly after touching 0.7850 in the previous sessions, to break 0.7765 and settles below it again, which reactivate the correctional bearish trend, which targets 0.7615 level initially.
Therefore, we expect witnessing more decline in the upcoming sessions conditioned by the price stability below 0.7765.
The expected trading range for today is between 0.7670 support and 0.7800 resistance
The expected trend for today: Bearish