The AUDUSD pair bounced downwards clearly after approaching 0.6400 level in previous sessions, and begins to press on the key support 0.6330, to head towards achieving expected decline in the upcoming sessions, its targets begin at 0.6285 and extend to 0.6200 after breaking the previous level.
Therefore, the bearish bias will be expected for today, noting that failing to break 0.6330 will push the price to achieve intraday gains and test 0.6400 before detecting the next destination clearly.
The expected trading range for today is between 0.6270 support and 0.6375 resistance
The expected trend for today: Bearish
Origin: Economies
