The AUDUSD pair shows some bullish bias, on its way towards potential test to the bearish channel’s resistance that declines now to 0.6830, and as long as the price is below this resistance, our bearish overview will remain valid, as breaching this level will lead the price to start correctional bullish wave on the short term basis, while the next main target of the suggested bearish wave is located at 0.6595.
The expected trading range for today is between 0.6700 support and 0.6830
The expected trend for today: Bearish