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AUDUSD 23.12.2022
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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