The AUDUSD pair fluctuates within sideways track since yesterday, keeping its stability below 0.6970 level, to keep the negative pressure valid for the upcoming period, which targets 0.6895 as a next main station.
The EMA50 supports the expected decline, noting that breaching 0.6970 will lead the price to start correctional bullish wave on the intraday basis before turning back to decline again.
The expected trading range for today is between 0.6890 support and 0.6990 resistance
The expected trend for today: Bearish