The AUDUSD pair continues to fluctuate around 0.6400 level and finds difficulty to confirm breaking it, noticing that stochastic loses the positive momentum again, waiting to assist to push the price to break this level followed by continuing the decline on the intraday and short-term basis, reminding you that our next target is located at 0.6310.
Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 0.6440.
The expected trading range for today is between 0.6350 support and 0.6450 resistance
The expected trend for today: Bearish
Origin: Economies
