The AUDUSD price shows new negative trades to attempt to resume the main bearish trend, and continues to move inside the bearish channel that appears on the chart, waiting to surpass 0.6440$ to open the way to visit 0.6355$ as a next main station.
Therefore, we will continue to suggest the bearish trend for the upcoming period, noting that breaching 0.6555$ will push the price to turn to rise and start bullish wave on the intraday basis.
The expected trading range for today is between 0.6410$ support and 0.6510$ resistance
Trend forecast: Bearish
Origin: Economies
