The AUDUSD pair attempted to break the key support 0.6400 but it couldn’t settle below it, to stuck between this support and 0.6440 resistance, which keeps our neutrality valid until now, waiting to surpass one of these levels to detect the next destination clearly.
Note that breaking the mentioned support will put the price under negative pressure that targets 0.6300 areas initially, while breaching the resistance represents the key to recover and achieve gains that reach 0.6545 on the near-term basis.
The expected trading range for today is between 0.6360 support and 0.6480 resistance
The expected trend for today: Neutral
Origin: Economies
