The AUDUSD price shows more bearish bias within the bearish channel that appears on the chart, which supports the continuation of the expected bearish trend on the intraday and short-term basis, and the way is open to head towards our main waited target at 0.6500$.
The EMA50 keeps supporting the suggested bearish wave, which will remain valid conditioned by the price stability below 0.6625$.
The expected trading range for today is between 0.6520$ support and 0.6610$ resistance
Trend forecast: Bearish
Origin: Economies
