Australian dollar trimmed yesterday's gains and declined below 0.6910 support, amid negative signals from the Stochastic index, with the pair potentially testing the support of 0.6860 once more, then 0.6800, provided the 0.6970 level holds, maybe even targeting 0.7030.
Expected trading range for today is between the 0.6860 support and the 0.6930 resistance.
Expected trend for today: Bearish