The AUDUSD price opened today with strong decline to break 0.6697$ and attempt to hold below it, to hint heading to activate the negative scenario in the upcoming sessions, but we notice that the price attempts to recover now, affected by stochastic positivity, which makes us stay aside until the price confirms its situation according to the mentioned level followed by detecting its next destination clearly.
Note that holding below .06697$ will push the price to head towards 0.6622$ as a next negative target, while trading above it again will lead the price to recover and achieve gains that start by testing 0.6744$ areas.
The expected trading range for today is between 0.6640$ support and 0.6750$ resistance
Trend forecast: Neutral
Origin: Economies
