The AUDUSD price touched the bearish channel’s resistance line and started to rebound bearishly from there, to head towards resuming the expected bearish trend on the intraday and short-term basis, which targets 0.6440$ followed by 0.6355$ levels as next main stations.
Therefore, we will continue to suggest the bearish trend for the upcoming period, reminding you that breaching 0.6530$ will push the price to achieve bullish correction for the decline that started from 0.6941$ areas.
The expected trading range for today is between 0.6440$ support and 0.6540$ resistance
Trend forecast: Bearish
Origin: Economies
