The AUD/USD tests the support – Analysis – 21/12/2022

forex-news-audThe AUDUSD pair tests the key support 0.6650, which represents one of the next trend keys besides 0.6767 resistance, as we are waiting to surpass one of these levels to confirm the next trend, to keep our neutrality valid until now.

Note that breaking the mentioned support will press on the price to decline towards 0.6540 direct, while breaching the resistance represents the key to resume the bullish wave that its targets begin at 0.6825 and extend to 0.6915.

The expected trading range for today is between 0.6600 support and 0.6720 resistance

The expected trend for today: Neutral

Origin: Economies

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