The AUDUSD price continued to rise to succeed achieving our new waited target at 0.6728$, noticing that the price finds solid resistance there to show some bearish bias by today’s open, affected by stochastic negativity, to head towards potential test to the key support level at 0.6640$.
Therefore, the bearish bias will be expected for today, noting that breaching 0.6728$ will stop the negative scenario and lead the price to achieve more gains on the intraday and short term basis.
The expected trading range for today is between 0.6650$ support and 0.6750$ resistance
Trend forecast: Bearish
Origin: Economies
