AIRFOREXONE_

AUDUSD : BULL RUN CONTINUES

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Hello traders , here's my long-term view about AUDUSD
As you know we have a strong risk off sentiment , AUD is a commodity currency that tends to increase in a risk off environment.
with that being said, I'm long on AUDUSD until the next potential supply level

fundamentally : (fxstreet source)

Aussie to profit from surging raw material prices
Commodities do well in inflationary times, a boon to the countries that produce it
RBA is still expected to hike this year
China easing supports Chinese companies, a result of that will be AUD support
Good china news to lift the aussie
The RBA will be hiking rates even before it thinks it will
RBA to hold its nerve through COVID-19 Delta surge
Non-inflationary aussie to be an inflation hedge
Economic activity support a strong aussie
Aussie to profit from higher commodity prices
Australian growth achieves a 60-year milestone
Aussie have the front seat to the economic growth in China
Rising equities and commodities support the aussie

this is not a financial advise it's just my point of view

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