The AUDUSD pair fluctuates positively to approach the key resistance 0.6665, and the EMA50 meets this resistance to add more strength to it, while stochastic loses its positive momentum clearly now.
Therefore, these factors support the chances of continuing the expected bearish trend for the upcoming period, which targets 0.6550 as a next main station, reminding you that breaching 0.6665 will stop the suggested decline and lead the price to turn to rise.
The expected trading range for today is between 0.6560 support and 0.6670 resistance
The expected trend for today: Bearish
Origin: Economies
