AUDUSD Price Analysis
Expected Scenario
The AUDUSD price shows some bearish bias by today’s open, heading towards testing the 0.6570$ level. Breaking this level confirms the continuation of the decline with the next target at 0.6500$ areas, indicating the dominance of the bearish trend on the intraday basis.
However, it’s important to note that breaching 0.6640$ will stop the expected decline and lead to a reversal.
Expected Trading Range
The expected trading range for today is between 0.6535$ support and 0.6635$ resistance.
Trend Forecast: Bearish
Origin: Economies
