The AUDUSD pair settles below 0.6550 level, which supports the continuation of the expected bearish trend for the upcoming period, which its next target located at 0.6400.
The EMA50 continues to support the suggested bearish wave, which depends on the price stability below 0.6550 and 0.6600 levels, as breaching these levels represent the key to start recovery attempts and test 0.6665 level as a first positive station.
The expected trading range for today is between 0.6470 support and 0.6575 resistance
The expected trend for today: Bearish
Origin: Economies
