AUD/USD to Break Below 0.6690 Support – Brace for a Sell Trade
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
Skerdian Meta•Tuesday, December 20, 2022•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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Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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