The AUDUSD price shows calm negative trades to surpass the EMA50 and settle below it, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, waiting to visit 0.6165$ followed by 0.6130$ levels as next main stations.
Holding below 0.6322$ is important to the continuation of the expected decline, as breaching it represents the key to rally to achieve more bullish correction on the intraday and short-term basis.
The expected trading range for today is between 0.6180$ support and 0.6280$ resistance
Trend forecast: Bearish
Origin: Economies
