The AUDUSD price continues the negative crawling, noticing that stochastic loses the positive momentum now, waiting to motivate the price to continue the decline and achieve our main expected target at 0.6130$.
Moving below the EMA50 supports the suggested bearish trend, noting that breaching 0.6255$ will push the price to achieve intraday gains and might head to test 0.6322$ areas before any new attempt to decline.
The expected trading range for today is between 0.6180$ support and 0.6280$ resistance
Trend forecast: Bearish
Origin: Economies
