FX:AUDUSD   Australian Dollar / U.S. Dollar
The Australian dollar is hugely overbought due to the more stable environment in the country associated with the pandemic. Australia is a separate continent. And the measures that the country took allowed to maintain stability in the economy. The dollar, in turn, reached the lowest levels in relation to many world currencies. But a possible correction of oil due to low demand will force the dollar to strengthen slightly as well. And the Australian dollar has missed the correction.


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