AUDUSD Price Analysis
The AUDUSD price tested the EMA50 and bounced bearishly.
The bearish trend scenario remains valid for the upcoming period.
The price is approaching the key support at 0.6500$.
Breaking this level may reinforce the expectations of extending the bearish wave towards 0.6450$ followed by 0.6410$.
Our bearish overview will remain valid, with importance to hold below 0.6570$ to achieve the suggested targets.
The expected trading range for today is between 0.6470$ support and 0.6570$ resistance.
Trend forecast: Bearish
Origin: Economies
