The AUDUSD pair traded with strong negativity yesterday to break 0.6780 level and reach 0.6665 areas now, to fall under expected negative pressure in the upcoming sessions, as we suggest breaking the last level and open the way to achieve additional decline that its next target reaches 0.6550 areas.
Therefore, the bearish trend will be expected on the intraday basis, noting that the consolidation of 0.6665 level against the current negative pressure will stop the expected decline and lead the price to recover again.
The expected trading range for today is between 0.6610 support and 0.6740 resistance
The expected trend for today: Bearish
Origin: Economies
