The AUDUSD pair couldn’t manage to continue the rise, to press on 0.6400 level again, to hint heading to decline again, but we prefer to stay neutral until the price confirms its situation according to the mentioned support followed by detecting its next destination clearly.
Notet that breaking this support will push the price to achieve new negative targets that start by visiting 0.6340 areas, while consolidating above it will lead the price to build intraday bullish wave that targets testing 0.6545 areas mainly.
The expected trading range for today is between 0.6350 support and 0.6460 resistance
The expected trend for today: Neutral
Origin: Economies
