AUDUSD Price Analysis
Expected Scenario
The AUDUSD price shows new bearish bias by today’s open to press on 0.6600$ barrier, to support the expectations of continuing the bearish trend on the intraday basis, which its next target located at 0.6570$, reminding you that breaking this level will push the price towards 0.6500$ as a next negative station.
Moving below the EMA50 supports the continuation of the expected decline, reminding you that it is important to hold below 0.6640$ to achieve the suggested targets.
Expected Trading Range
Between 0.6540$ support and 0.6640$ resistance.
Trend Forecast: Bearish
Origin: Economies
