AUDUSD Price Analysis Confirmation of Breakout The AUDUSD price confirmed breaking the $0.6500 level after closing the last daily candlestick below it.
This supports the continuation of the expected bearish trend for the upcoming period.
Expected Scenarios Next target: $0.6410. The EMA50 continues to push negatively on the price to support the suggested negative scenario. Breaching $0.6500 will stop the bearish wave and lead the price to start recovery attempts on the intraday basis. Trading Range The expected trading range for today is between support at $0.6420 and resistance at $0.6520.
Trend forecast: Bearish