The AUDUSD price rallied upwards strongly on last Friday to succeed reaching our waited target at 0.6800$, facing solid resistance there, which might force the price to decline in the upcoming sessions to test the key support 0.6728$ before turning back to rise again.
Therefore, the bearish bias will be expected for today, noting that the expected decline is temporary, waiting to resume the main bullish trend again, taking into consideration that breaching 0.6800$ will push the price to achieve new gains without the need to the suggested decline.
The expected trading range for today is between 0.6720$ support and 0.6820$ resistance
Trend forecast: Bearish temporarily
Origin: Economies
