The AUDUSD price shows new negative trades by today’s open, to head towards achieving more decline in the upcoming sessions, targeting testing 0.6728$ level, making the bearish bias suggested for today, being aware that we need to monitor the price when reaching the mentioned level due to its importance to determine the next trend.
Note that the continuation of the decline and breaking the mentioned support will push the price to suffer more losses and head towards 0.6695$ followed by 0.6640$ levels as next negative stations, while consolidating above it will lead the price to resume the bullish wave that its next main target reaches 0.6870$.
The expected trading range for today is between 0.6700$ support and 0.6800$ resistance
Trend forecast: Bearish
Origin: Economies
