The AUDUSD price provided positive trades to test the main bearish channel’s resistance line again, accompanied by stochastic loss to the positive momentum clearly, waiting to motivate the price to resume the main bearish trend and head to test 0.6140$ initially.
Holding below 0.6220$ keeps the bearish wave valid and active, as breaching it will lead the price to start bullish correction for the entire decline that started from 0.6942$ areas.
The expected trading range for today is between 0.6150$ support and 0.6250$ resistance
Trend forecast: Bearish
