The AUD/USD hits the first target – Analysis – 30/12/2021

newzeeland_dollarThe AUDUSD pair managed to reach our waited target at 0.7275 and settles there, waiting to breach this level to confirm extending the bullish wave inside the bullish channel that targets 0.7340 as a next station.

Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.7205 and holding below it.

The expected trading range for today is between 0.7205 support and 0.7320 resistance

The expected trend for today: Bullish

Origin: Economies

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