The AUDUSD price traded negatively to break the intraday bullish channel’s support line that appears on the chart, which forms bearish flag pattern that puts the price under expected negative pressure on the intraday basis, to head towards achieving negative targets that start by visiting 0.6165$ followed by 0.6130$ levels.

 

Therefore, the bearish bias will be suggested for today, noting that breaching 0.6322$ will stop the expected decline and lead the price to achieve additional bullish correction that its next target reaches 0.6440$ areas.

 

The expected trading range for today is between 0.6200$ support and 0.6300$ resistance

 

Trend forecast: Bearish