The AUDUSD pair finds difficulty to surpass 0.6550 support line, to show some bullish bias and test key minor resistance located at 0.6600, facing contradiction between the technical indicators that makes us prefer to stay aside until we get clearer signal for the next trend, through surpassing one of the mentioned levels.
Note that breaking the mentioned support will push the price to resume the bearish wave that its next main target located at 0.6400, while breaching the resistance represents positive factor that will lead the price to attempt to recover and achieve gains that start by testing 0.6665 resistance.
The expected trading range for today is between 0.6520 support and 0.6660 resistance
The expected trend for today: Neutral
Origin: Economies
