The AUDUSD pair managed to achieve our first waited target at 0.6795 and surpassed it to settle below it now, which supports the expectations of continuing the bearish trend on the intraday and short term basis, organized inside the bearish channel that appears on the chart, waiting to visit 0.6670 level as a next main station.
Therefore, we will keep our bearish overview unless breaching 0.6865 level and holding above it.
The expected trading range for today is between 0.6730 support and 0.6820
The expected trend for today: Bearish