AUDUSD eyeing recent resistance 0.7640

Updated
AUDUSD prices have opened the day long and ar pusshing towards the multi-month high 0.7640.

CURRENT EVENTS:
Sydney raises emergency levels amid the second wave of the virus. In the USA, Colorado’s finds the first case of the covid variant found by the UK.

LOOKING FOWARD:
US stimulus and the virus news will be the key ahead of the US session when the second-tier activity and housing data will challenge the sentiment. If the DXY continues to print lower, AUD/USD is up for challenging the June 2018 top near 0.7675.

TODAY RESISTANCE:
Very simple targets calculated by the indicator from the current intraday price range.
Target 1 - 0.7637
Target 2 - 0.76508
Note
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Note
🔐 STOPS MOVED UP TO PROTECT ALL ORIGINAL PROFIT LEVELS.
🤓 NEW TARGETS FOR TREND CONTINUATION
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Trade closed: target reached
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🥳 HAPPY NEW YEAR🥳
AUDUSD +89 pips on the TECHNICAL ANALYSIS TECHNICAL ANALYSIS. Trade closed for the public holiday ahead.
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