The AUDUSD pair shows new negative trades by today’s open, noticing that stochastic overlaps negatively now, waiting to motivate the price to achieve more decline in the upcoming sessions, reminding you that our next target is located at 0.6290.
The EMA50 supports the expected bearish trend, which will remain valid conditioned by the price stability below 0.6400.
The expected trading range for today is between 0.6300 support and 0.6400 resistance
The expected trend for today: Bearish
Origin: Economies