The AUDUSD pair succeeded to achieve our waited target at 0.7375 and attempts to break it now, to support the chances of extending the bearish wave on the short term basis, noting that the next target reaches 0.7230.
The bearish channel continues to support the expected bearish trend, taking into consideration that failing to confirm the required break will push the price to achieve intraday gains that target testing 0.7500 areas initially.
The expected trading range for today is between 0.7300 support and 0.7440 resistance
The expected trend for today: Bearish