AUDUSD 23.12.2022

Technical Analysis
Friday, December 23, 2022 - 14:30
Point Trader Group

Main trend: 

Conditionally bullish.

Expected scenario:

The pair is trading above a strong support level around 0.6600, which enhances chances of a rise to 0.6900.

Alternative scenario:

Breaching the level of 0.6600, would open the door for further downward movement towards 0.6350.

The most important levels

Resistance:

0.6900 – 0.7000

Support:

0.6600 – 0.6350

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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