AUD/USD Daily Forecast – 24 December
Aussie was traded in tighter range in the course of the yesterday's session, within 40 points, with area near 0.7150 level still offering plenty of resistance, while 0.72 handle offered plenty of support. As for tomorrow, we can expect steadier session as there will be no major data releases and with Christmas Eve traders are likely to go on holidays so there should be lack of volatility.
Pair is likely to find support around 0.7180 level and resistance above 0.7250 handle so these would be pour short-term buying and selling points. In long-term trends, we would not get involved in this market, since there is no clear trend at the moment, with pair going back and forth between 0.71 and 0.73 handle, an until we see either break below or above one of these key areas we would stay on the sidelines.
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