Yesterday the AUD/USD traded higher and closed the day in the positive territory around $0.6730. Today it has also slightly increased, having risen to the level of $0.6765. On the hourly chart, AUD/USD is again trading above the MA (200) H1 moving average line ($0.6690). The situation is similar on the four-hour chart. Based on the foregoing, it is probably worth sticking to the north direction in trading, and as long as the AUD/USD remains above MA 200 H1, it may be necessary to look for entry points to buy for the formation of a correction.
Resistances levels are at: $0.6790-95, $0.6815, $0.6915
Support levels are at: $0.6700, $0.6680, $0.6635
Probably, the main scenario is the continuation of the general upward movement towards $0.6790 (Nov 16 high).
The alternative scenario is final consolidation below MA 200 H1 followed by fall to $0.6585 (Nov 21 low).
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