The AUDUSD price fluctuates around 0.6570$ level and keeps its stability below it, noticing that stochastic overlaps negatively now, which supports the chances of resuming the expected bearish trend for the upcoming period, which targets 0.6500$ as a next main station.
Therefore, we will continue to suggest the bearish trend on the intraday basis, noting that breaching 0.6570$ will stop the expected decline and lead the price to turn to rise.
The expected trading range for today is between 0.6500$ support and 0.6590$ resistance
Trend forecast: Bearish
Origin: Economies
