The AUDUSD pair returns to test the key resistance 0.7500, which urges caution from the upcoing trading, as the price shows recovery attempts and stop the recently suggested negative scenario, noting that breaching this level will lead the price to achieve gains that start at 0.7555 followed by 0.7615.
Until now, the bearish trend still suggested for the upcoming period as long as 0.7500 level remains intact, reminding you that our main waited target target reaches 0.7375.
The expected trading range for today is between 0.7430 support and 0.7540 resistance
The expected trend for today: Bearish