The AUDUSD pair succeeded to reach our first waited target at 0.7360, expecting to continue the negative pressure to break this level and open the way to head towards our next negative target at 0.7315.
The EMA50 supports the expected bearish wave, which will remain valid conditioned by the price stability below 0.7400 and the most important below 0.7460.
The expected trading range for today is between 0.7310 support and 0.7400 resistance
The expected trend for today: Bearish