The AUDUSD keeps achieving gains – Analysis 28-12-2023

newzeeland_dollarThe AUDUSD pair surpassed 0.6840 level and settled above it, paving the way to continue the rise on the intraday and short-term basis, reminding you that our next station is located at 0.6925.

The EMA50 continues to support the suggested bullish wave, noting that breaking 0.6835 will stop the expected rise and push the price to test 0.6780 areas before any new attempt to rise.

The expected trading range for today is between 0.6810 support and 0.6910 resistance

The expected trend for today: Bullish

Origin: Economies

 

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