Overview: Pair: AUD/USD (Australian dollar/US dollar).
The main trend: Bearish.
The secondary trend :
Bullish. Volatility: High.
Forecast bias: Uptrend in short term.
The Australian dollar has shown slight gains against the US dollar during today's Euro session. The AUD/USD pair traded between 0.7007 and 0.7190, it reached 0.7190, which was the highest price...
Weekly To monthly Base:
The AUD/USD pair has been moving up in a trend and recently the bulls have managed to break through the upper ascending channel boundary and made a new local high 4 MONTHS at the level of 1.6980.
Next few Week Expecting Big correction downside.
Australia's gross domestic product was down a seasonally adjusted 0.3 per cent on quarter in...