The AUDUSD price surpassed 0.6536$ level and closed the daily candlestick below it, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, noting that the next targets start at 0.6460$ and extend to 0.6420$.
The EMA50 forms negative pressure that supports the suggested negative scenario, noting that breaching 0.6580$ will stop the expected decline and lead the price to achieve bullish correction on the intraday basis.
The expected trading range for today is between 0.6475$ support and 0.6675$ resistance
Trend forecast: Bearish
Origin: Economies
