Technical analysis of AUD/USD 09/12/2024

The AUD/USD currency pair is correcting on the (1D) against the backdrop of an uptrend.

The pair failed to consolidate below 0.6640 (38.2% Fibo), (MA100) and is currently trading at 0.6690.

If the price manages to consolidate below 0.6640, the next support level will be 0.6485 (50% Fibo), (trend line).

The resistance is the area above 0.6820.

AUDUSD_STPDaily

Created by Joshua Hayn

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