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forexstocksigna

Long term Aussie Dollar forecast

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
forexstocksigna Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
aususd
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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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