The AUDUSD pair shows more bearish bias to approach the EMA50, waiting to test 0.6400 level that represents our main target, noting that breaking this level will put the price under additional negative pressure that its next targets reach 0.6310 areas.
Therefore, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 0.6545 and hold above it.
The expected trading range for today is between 0.6400 support and 0.6500 resistance
The expected trend for today: Bearish
Origin: Economies
