The AUDUSD pair’s rise stopped at 0.6520 level, to start bouncing bearishly and head towards potential visit to 0.6400 areas, making the bearish bias suggested for today.
Note that the expected decline is temporary, waiting to resume the bullish wave again, while breaching 0.6545 will stop the suggested decline and push the price to achieve new gains that reach 0.6634 on the near term basis.
The expected trading range for today is between 0.6420 support and 0.6520 resistance
The expected trend for today: Bearish
Origin: Economies
