The AUDUSD pair amanaged to confirm breaking the intraday bullish channel’s support, reinforcing the continuation of the expected bearish trend scenario on the intraday and short term basis, waiting for visiting 0.6825 then 0.755 levels as next main targets.
Surpassing the EMA50 will ease the mission of continuing the decline, while holding below 0.6895 represents an important condition for achieving the suggested targets.
The expected trading range for today is between 0.6800 support and 0.6900
The expected trend for today: Bearish