The AUDUSD keeps its positive stability – Analysis 18-12-2023

aud_newsThe AUDUSD pair tested 0.6665 level and bounced bullishly from there, to keep the bullish trend scenario active for the upcoming period, reminding you that we are waiting to visit 0.6780 as a next main target.

Holding above 0.6665 is important to continue the expected rise, as breaking it represents negative factor that will push the price to turn to decline and head towards 0.6545 areas on the near-term basis.

The expected trading range for today is between 0.6680 support and 0.6780 resistance

The expected trend for today: Bullish

Origin: Economies

 

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