forexstocksigna

Long term Aussie Dollar forecast

FX:AUDUSD   Australian Dollar/U.S. Dollar
91 0 2
We expect this pair to continue on its bearish run, triggered in the middle of 2015 by widely held traders view of a US dollar             rates increase. Once this rumour subsides, we expect the Aussie dollar to bounce back
Comment: We've changed our bias from Neutral to bullish, the momentum is now on Aussiedollar AUDUSD. NFP might change this bias.
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