The AUDUSD pair shows negative trades to press on the EMA50, which might push the price to test the bullish channel’s support line before attempting to rise again.
Until now, the positive scenario still valid unless breaking 0.6880 followed by 0.6800 levels and holding below them, reminding you that we are waiting to visit 0.7015 level as a next main target.
The expected trading range for today is between 0.6865 support and 0.6940
The expected trend for today: Bullish