The AUDUSD pair managed to achieve our first target at 0.6285 and surpassed it to settle below it, reinforcing the expectations of continuing the domination of the bearish trend, and the way is open to head towards our next target at 0.6200.
Moving below the EMA50 supports the expected decline, noting that breaching 0.6285 might push the price to recover and test the key resistance 0.6400 again before any new negative attempt.
The expected trading range for today is between 0.6210 support and 0.6310 resistance
The expected trend for today: Bearish
Origin: Economies
