The AUDUSD pair found a strong resistance at 0.6885 barrier, to bounce lower, showing the price head to reeume the decline within the main bearish channel that appears in the image, supported by the negative signals that come from stochastic.
Therefore, we prefer witnessing more of the downside moves in the upcoming sessions unless breaching 0.6885 level and holding above it, pointing that our next main target at 0.6670.
The expected trading range for today is between 0.6760 support and 0.6885
The expected trend for today: Bearish