The AUDUSD price faced additional negative pressures in the previous sessions to break 0.6620$ level and settle below it, to resume the main bearish track and head towards achieving negative targets that reach 0.6500$ areas, organized inside the bearish channel that appears on the chart.
Therefore, we expect to witness more decline in the upcoming sessions, noting that breaching 0.6640$ will stop the bearish wave and lead the price to start bullish correction on the intraday basis.
The expected trading range for today is between 0.6535$ support and 0.6635$ resistance
Trend forecast: Bearish
Origin: Economies
