The tight range continues to dominate the AUDUSD pair’s trading, which settles below the EMA50, which keeps the bearish trend scenario valid for the upcoming period without any change, waiting to visit 0.6725 followed by 0.6670 levels mainly, reminding you that it is important to hold below 0.6840 to continue the expected decline.
The expected trading range for today is between 0.6720 support and 0.6800
The expected trend for today: Bearish