The AUDUSD price shows some bullish bias to approach 0.6570$ level, noticing that stochastic loses its positive momentum to approach the overbought areas, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which its next target located at 0.6500$.
The EMA50 supports the suggested bearish wave, which will remain valid conditioned by the price stability below 0.6570$.
The expected trading range for today is between 0.6500$ support and 0.6590$ resistance
Trend forecast: Bearish
Origin: Economies
