The AUDUSD price begins today with strong decline to touch our waited target at 0.6500$ and attempts to break it, to support the chances of extending the bearish wave and head to achieve additional negative targets that extend to 0.6410$.
Therefore, we will continue to suggest the bearish trend for the upcoming period, taking into consideration that the consolidation of 0.6500$ level against the negative pressure might push the price to test 0.6570$ areas before any new attempt to decline.
The expected trading range for today is between 0.6450$ support and 0.6550$ resistance
Trend forecast: Bearish
Origin: Economies
