AUDUSD resumes the decline
The AUDUSD pair bounced downwards clearly after approaching the horizontal resistance at 0.6360, to head towards resuming the main bearish trend within the bearish channel that appears on the chart, on its way to visit 0.6165 followed by 0.6090 levels as main negative targets. Note that breaching 0.6270 might push the price to attempt to recover again, to head towards testing 0.6385 areas initially.
The expected trading range for today is between 0.6165 support and 0.6280 resistance. The expected trend for today: Bearish.