AUDUSD Price Analysis
Expected Scenario
The AUDUSD price provided new positive trades yesterday to approach 0.6640$ level, noticing that the price declines again to head towards resuming the expected bearish trend for the upcoming period, which its targets begin by breaking 0.6570$ to open the way to head towards 0.6500$.
Stochastic overlaps negatively to support the chances of continuing the decline today, reminding you that it is important to hold below 0.6640$ to achieve the suggested targets.
Expected Trading Range
Between the support at 0.6540$ and the resistance at 0.6640$
Trend Forecast: Bearish
Origin: Economies
