The AUDUSD price bounced downwards clearly yesterday to break 0.6780$ to turn to decline, noticing that the price begins today with additional decline to attack 0.6744$ level and confirm the continuation of the bearish trend domination in the upcoming sessions, targeting 0.6697$ areas as a next negative station.
Therefore, we expect to witness more decline on the intraday basis, noting that breaching 0.6780$ will stop the current negative pressure and lead the price to start new recovery attempts.
The expected trading range for today is between 0.6675$ support and 0.6780$ resistance
Trend forecast: Bearish
Origin: Economies
