The AUDUSD pair shows more decline to reach 0.6300 barrier now, waiting for additional negative trades to achieve our next targets that start at 0.6270 and extend to 0.6200.
The EMA50 continues to support the suggested bearish wave, and we might witness some temporary sideways fluctuation affected by stochastic positivity, reminding you that the continuation of the expected decline conditions holding below 0.6400.
The expected trading range for today is between 0.6240 support and 0.6340 resistance
The expected trend for today: Bearish
Origin: Economies