The AUDUSD pair opens today with clear rise to attempt to surpass the EMA50, but it settles below it now, to keep the negative scenario active for the upcoming period, waiting to break 0.6236 to confirm the extension of the bearish wave towards 0.6097.
On the other hand, we should note that breaching 0.6407 will stop the expected decline and leads the price to resume the bullish trend on the short term basis.
The expected trading range for today is between 0.6200 support and 0.6380
The expected trend for today: Bearish
Origin: Economies
