The AUDUSD pair kept its stability below 0.6665 level, to activate the negative scenario on the intraday basis and head towards expected visit to 0.6550 areas.
Therefore, the bearish bias will be expected for today, supported by the negative pressure formed by the EMA50, taking into consideration that breaching 0.6665 and holding above it will stop the suggested decline and lead the price to attempt to recover on the intraday basis and head towards 0.6780 initially.
The expected trading range for today is between 0.6570 support and 0.6700 resistance
The expected trend for today: Bearish
Origin: Economies
