📊TECHNICAL ANALYSIS ON 4-HOUR TIMEFRAME
The AUDUSD pair provided additional negative trades to reach our waited target at 0.6400, and it is important to monitor the price at this level, as breaking it represents the key to rally to achieve additional negative targets that reach 0.6340 areas, while the consolidation against the negative pressure will push the price to recover and head to visit 0.6545 level initially. The expected trading range for today is between 0.6420 support and 0.6520 resistance
📊QUICK FUNDAMENTAL LOOK
Dollar rose in European trade on Tuesday against a basket of major rivals, extending recovery from a two-month trough on bullish remarks from Fed officials. Such remarks boosted the chance of another US interest rate hike in December, with investors now awaiting important remarks by Fed officials this week.
⚠️Warning: Trading contains elements of risk, please be careful when Making Orders, Market Recommendations are only for consideration.