AUDUSD Price Analysis
Expected Scenario
The AUDUSD price traded with clear negativity yesterday to manage to break 0.6640$ level and hold below it, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, which targets 0.6570$ as a next main station.
Stochastic current positivity might cause some sideways fluctuation before turning back to decline again, noting that it is important to hold below 0.6640$ to continue the suggested bearish trend.
Expected Trading Range
Between 0.6570$ support and 0.6675$ resistance
Trend Forecast: Bearish
Origin: Economies