The AUDUSD pair shows some bullish bias now, to head towards potential test to the key resistance 0.6400, noticing that stochastic loses its positive momentum clearly, to support the chances of resuming the expected bearish trend for the upcoming period, which its targets begin by breaking 0.6285 to open the way to head towards 0.6200.
Therefore, the negative scenario will remain valid unless breaching 0.6400 and holding with a daily close above it.
The expected trading range for today is between 0.6290 support and 0.6400 resistance
The expected trend for today: Overall bearish
Origin: Economies
