The AUDUSD pair shows calm negative trades, to crawl gradually towards our waited target at 0.6550, noticing that stochastic begins to lose the positive momentum gradually, waiting to motivate the price to provide more bearish bias in the upcoming sessions.
The EMA50 keeps supporting the suggested bearish wave, noting that breaking the targeted level will push the price to 0.6480 followed by 0.6400 areas, while the expected decline will remain valid unless breaching 0.6665 and holding above it.
The expected trading range for today is between 0.6540 support and 0.6650 resistance
The expected trend for today: Bearish
Origin: Economies
