AUDUSD Daily Analysis – Friday, Dec. 13

AUDUSD extended its upside movement from 0.6800 to as high as 0.6938.

Further rise is still possible after a minor consolidation and next target would be at 0.7000. Near term support is at 0.6890, below this level could bring the price back towards the rising trend line on the 4-hour chart.

AUDUSD 4-hour chart

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.