The AUDUSD pair approached 0.7000 barrier yesterday, showing some slight bullish bias now, affected by stochastic positivity, which loses its positive momentum clearly, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which its next main target located at 0.6964.
Therefore, the bearish trend scenario will remain valid for the upcoming period unless the price rallied to breach 0.7190 and hold above it.
The expected trading range for today is between 0.6980 support and 0.7100
The expected trend for today: Bearish