The AUDUSD pair couldn’t manage to hold for long time above 0.6660 level, to trade with clear negativity and head towards achieving expected decline in the upcoming sessions, targeting testing 0.6545 as a next main station, noting that breaking this level will extend the bearish wave to reach 0.6465 areas mainly.
Moving below the EMA50 supports the continuation of the expected decline, while breaching 0.6600 will stop the current negative pressure and push the price to recover again.
The expected trading range for today is between 0.6520 support and 0.6620 resistance
The expected trend for today: Bearish
Origin: Economies
