The AUD/USD hits the positive target – Analysis – 23/12/2021

newzeeland_dollarThe AUDUSD pair managed to achieve our waited target at 0.7205 and attempts to breach it, which supports the chances of extending the correctional bullish wave to target 0.7275 as a next positive station.

Therefore, we expect to witness more rise in the upcoming sessions, noting that failing to breach 0.7205 will press on the price to decline again and test 0.7125 level initially.

The expected trading range for today is between 0.7160 support and 0.7260 resistance

The expected trend for today: Bullish

Origin: Economies

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