The AUDUSD pair faces solid resistance at 0.6570, and by taking a deeper look at the chart, we find that the price completes forming rising wedge pattern that we expect to put the price under the negative pressure in the upcoming sessions, to head towards testing 0.6500 areas as a next main station.
Therefore, the bearish bias will be suggested for today, noting that breaching 0.6570 will stop the expected decline and lead the price to recover again.
The expected trading range for today is between 0.6500 support and 0.6600 resistance
The expected trend for today: Bearish
Origin: FreshForex
