The AUDUSD pair provided clear positive trades to test 0.6820 key resistance, as it kept its stability below, to start declining now, which keeps the bearish trend scenario valid for the upcoming period, supported by stochastic negativity, waiting to visit 0.6680 as a next main target.
The negative effect of the head and shoulders’ pattern still active, noting that the continuation of the bearish wave requires holding below 0.6820.
The expected trading range for today is between 0.6750 support and 0.6860 resistance
The expected trend for today: Bearish
Origin: Economies
