Midday update for the AUDUSD 07-12-2022
Economies.com
2022-12-07 11:03AM UTC
The AUDUSD pair continues to decline to approach our first waited target at 0.6650, and we suggest the continuation of the bearish bias to break this level and open the way to head towards 0.6540, to keep the bearish trend scenario valid for today conditioned by the price stability below 0.6767.
The expected trading range for today is between 0.6620 support and 0.6750 resistance
The expected trend for today: Bearish
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