The AUDUSD pair bounced downwards clearly after the positive attempts that it provided in the previous sessions, to resume the bearish track within the bearish channel that appears on the chart, on its way to head towards our waited target at 0.6360.
The EMA50 keeps supporting the suggested bearish wave, which will remain valid conditioned by the price stability below 0.6520.
The expected trading range for today is between 0.6370 support and 0.6475 resistance
The expected trend for today: Bearish