Offline
The AUD/USD pair shows some bullish bias now, to head towards a potential test at the key resistance of 0.6400, noticing that stochastic loses its positive momentum clearly to support the chances of resuming the expected bearish trend for the upcoming period, whose targets begin by breaking 0.6285 to open the way to head towards 0.6200.
Therefore, the negative scenario will remain valid unless it breaches 0.6400 and holds with a daily close above it.
The expected trading range for today is between 0.6290 support and 0.6400 resistance.