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AUD/USD to Break Below 0.6690 Support - Brace for a Sell Trade

AUD/USD to Break Below 0.6690 Support – Brace for a Sell Trade

Posted Tuesday, December 20, 2022 by
Skerdian Meta • 1 min read

The AUD/USD pair is still fluctuating between the important levels of 0.6650 support and 0.6767 resistance. As we said in previous reports, the AUD/USD price needs to break through one of these levels to identify its next goals.

As a result, we will maintain our neutrality for the time being, although the details of the expected targets after surpassing the levels above are outlined in our prior report.

AUD/USD

Today’s trading range is likely between 0.6610 support and 0.6720 resistance. A break below this range has a potential to drive a downtrend in the AUD/USD price. 

Today’s predicted trend: Selling

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