The AUDUSD pair tested the key resistance 0.6665 and consolidated below it, to start declining by today’s open, supported by the technical indicators’ negativity that appears clearly now, waiting to resume the bearish wave that its next target located at 0.6545.
Therefore, we will continue to suggest the bearish trend on the intraday basis, noting that breaching 0.6665 will stop the expected decline and lead the price to attempt to recover and regain the main bullish trend again.
The expected trading range for today is between 0.6570 support and 0.6670 resistance
The expected trend for today: Bearish
Origin: Economies
