The AUDUSD price shows sideways trades in the previous sessions, settling below 0.6570$ level, while stochastic loses its positive momentum clearly, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which its next target located at 0.6500$.
Note that breaking the mentioned level will push the price towards 0.6410$ as a next negative station, while the bearish trend will remain valid unless breaching 0.6570$ and holding above it.
The expected trading range for today is between 0.6490$ support and 0.6590$ resistance
Trend forecast: Bearish
Origin: Economies
