The AUDUSD pair returns to decline after the temporary rise that it witnessed in the previous sessions, to approach 0.6550 level, waiting to break this level to confirm the continuation of the bearish trend domination in the upcoming period, which its targets extend to reach 0.6500 followed by 0.6400 levels.
The bearish channel continues to organize the suggested bearish wave, which gets continuous support by the EMA50, reminding you that the continuation of the expected decline depends on the price stability below 0.6665.
The expected trading range for today is between 0.6520 support and 0.6620 resistance
The expected trend for today: Bearish
Origin: Economies
