The AUDUSD pair’s rise stopped at 0.7000 barrier, to trade with strong negativity and break 0.6910 level and settles below it, which pushes the price to resume the bearish wave, waiting to test 0.6825 initially, noting that breaking this level will push the price to 0.6700 areas as a next main station.
Therefore, the bearish bias will be suggested in the upcoming sessions unless breaching 0.6910 followed by 0.6980 levels and holding above them.
The expected trading range for today is between 0.6790 support and 0.6890 resistance
The expected trend for today: Bearish
Origin: Economies
