The AUDUSD pair opens today with new decline to return to the bearish channel and heads towards our main waited negative target at 0.6830, and we suggest surpassing this level to achieve additional negative targets that extend to 0.6750.
Therefore, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 0.6930 and hold above it.
The expected trading range for today is between 0.6800 support and 0.6890 resistance
The expected trend for today: Bearish
Origin: Economies