The AUDUSD pair managed to achieve our first waited target at 0.7130 and attempted to break it, but it faces strong support there, to show some slight bullish bias now, waiting to get negative motive that assists to push the price to surpass this level and open the way to rally towards 0.7050 followed by 0.6990 areas that represent our next negative targets.
Therefore, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 0.7235 and hold above it.
The expected trading range for today is between 0.7080 support and 0.7180 resistance
The expected trend for today: Bearish