The AUD/USD approaches the first target – Analysis – 28/12/2020

aud_newsThe AUDUSD pair shows sideways trading to crawl upwards gradually and moves away from the bullish channel’s support line, which supports the continuation of the expected bullish trend scenario on the intraday and short term basis, which its targets begin at 0.7640 and extend to 0.7700, while holding above 0.7565 and 0.7515 levels represent key condition to achieve the suggested targets.

The expected trading range for today is between 0.7565 support and 0.7700

The expected trend for today: Bullish

Origin: Economies

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