The AUDUSD price provided clear negative trades yesterday to approach our first waited target at 0.6355$, affected by stochastic positivity to show some slight bullish bias now, waiting to resume the bearish wave that its next target reaches 0.6300$.
The bearish channel continues to organize the suggested bearish wave, which will remain valid unless the price rallied to breach 0.6450$ and hold above it.
The expected trading range for today is between 0.6330$ support and 0.6425$ resistance
Trend forecast: Bearish
Origin: Economies
