The AUDUSD price traded with strong negativity by today’s open to succeed achieving our first waited targe tat 0.6440$, waiting for more decline within the bearish channel that appears on the chart to achieve additional negative targets that extend to 0.6355$.
The EMA50 keeps supporting the suggested bearish wave, which will remain valid unless the price rallied to breach 0.6555$ and hold above it.
The expected trading range for today is between 0.6430$ support and 0.6530$ resistance
Trend forecast: Bearish
Origin: Economies
