The AUDUSD pair couldn’t manage to hold for long time above 0.6570, to trade with strong negativity and reach 0.6500 level, noticing that the price presses negatively on this level by today’s open to hint heading to break it and open the way to achieve more negative targets that reach 0.6410.
Therefore, we expect to witness more decline in the upcoming sessions unless the price rallied to breach 0.5670 and hold above it again.
The expected trading range for today is between 0.6440 support and 0.6540 resistance
The expected trend for today: Bearish
Origin: Economies
