The AUDUSD price shows calm negative trades to move away gradually from 0.6570 level, which supports the continuation of the bearish trend, and the way is open to achieve our next waited target at 0.6500.
Note that the bearish wave depends on the previously completed double top pattern, while the bearish trend will remain valid unless breaching 0.6570 – 0.6585 levels and holding above them.
The expected trading range for today is between 0.6490 support and 0.6580 resistance
Trend forecast: Bearish
Origin: Economies
