The AUDUSD price shows more bearish bias to test 0.6550$ areas, waiting to achieve our main expected negative target at 0.6500$, as it continues to move inside the bearish channel that supports the expectations of continuing the decline.
The EMA50 continues to support the suggested bearish wave, which will remain valid unless the price rallied to breach 0.6610$ – 0.6625$ levels and settle above it.
The expected trading range for today is between 0.6500$ support and 0.6600$ resistance
Trend forecast: Bearish
Origin: Economies
