The AUDUSD price is testing the key resistance 0.6728$ and keeps its consolidation below it until now, noticing that stochastic begins to provide negative signals now, waiting to motivate the price to resume the expected bearish trend on the intraday basis, which its next target reaches 0.6640$.
The negative pressure formed by the EMA50 supports the suggested negative scenario, reminding you that it is important to hold below 0.6728$ to achieve the expected targets.
The expected trading range for today is between 0.6665$ support and 0.6765$ resistance
Trend forecast: Bearish
Origin: Economies
