{"id":220762,"date":"2023-12-29T17:28:43","date_gmt":"2023-12-29T11:58:43","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=220762"},"modified":"2023-12-29T17:28:43","modified_gmt":"2023-12-29T11:58:43","slug":"aud-usd-extends-its-reversal-below-0-6800-as-the-us-dollar-trims-losses-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/aud-usd-extends-its-reversal-below-0-6800-as-the-us-dollar-trims-losses-crypto-news\/","title":{"rendered":"AUD\/USD extends its reversal below 0.6800 as the US Dollar trims losses &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<ul>\n<li><strong>The extends its corrective reversal and explores levels below 0.6800.<\/strong><\/li>\n<li><strong>Hopes of Fed cutts in 2024 are keeping US Dollar bulls in check.<\/strong><\/li>\n<li><strong>AUD\/USD is set to end the year practically unchanged.<\/strong><br \/>\u00a0<\/li>\n<\/ul>\n<p>The Australian Dollar is on a corrective reversal from multi-month highs at 0.6870, reaching intra-day lows right below 0.6800 as the US Dollar pares previous days\u2019 losses in a light trading session.<\/p>\n<p>The pair is on track to end the year practically unchanged as the last two months\u2019s rally has contributed to erasing losses after a sharp decline in the first half of the year.<\/p>\n<p>The US Dollar is regaining lost ground on the last trading day of the year, although yet with market speculation of Fed cuts in 2024 is likely to limit gains.<\/p>\n<p>In <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/economic-calendar\/united-states\">the calendar<\/a> today, the Chicago PMI is expected to confirm the softer economic outlook suggested by the higher-than-expected jobless claims and the stalling home sales seen on Thursday.<\/p>\n<p>From a broader perspective, the bias remains positive, with the current reversal seen as a correction from overbought levels. Immediate support lies at 0.6780 and below here, 0.6720. On the upside, resistances are at 0.6845 and 0.6870.<\/p>\n<h2 class=\"fxs_headline_medium\">Technical levels to watch<\/h2>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The extends its corrective reversal and explores levels below 0.6800. Hopes of Fed cutts in 2024 are keeping US Dollar bulls in check. AUD\/USD is set to end the year practically unchanged.\u00a0 The Australian Dollar is on a corrective reversal from multi-month highs at 0.6870, reaching intra-day lows right below 0.6800 as the US [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":13777,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[377,201,248,251,246,257,276,255,250,252,247,253,249,256,254],"class_list":["post-220762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-audusd","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-currencies","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/220762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=220762"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/220762\/revisions"}],"predecessor-version":[{"id":220764,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/220762\/revisions\/220764"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/13777"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=220762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=220762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=220762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}