The AUDUSD pair returned to test the bearish channel’s resistance, and attempted to breach it by today’s open, but it trades with new negativity now, waiting to resume the decline within the bearish channel that appears on the chart, to achieve our negative targets that start at 0.6360.
Therefore, the main negative scenario will remain valid unless breaching 0.6530 and holding above it.
The expected trading range for today is between 0.6420 support and 0.6530 resistance
The expected trend for today: Bearish