The AUDUSD pair tests the initial resistance a 0.7400, accompanied with stochastic lose to the positive momentum, waiting for resuming the bearish correctional trend that its next target located at 0.7315.
The EMA50 supports the expected decline, which will remain valid unless the price rallied to breach 0.7460 level and holding above it.
The expected trading range for today is between 0.7350 support and 0.7440 resistance
The expected trend for today: Bearish