AUD/USD Forecast: Needs To Recover Above 0.7640 To Recover I

AUD/USD Forecast: Needs To Recover Above 0.7640 To Recover Its Bullish Potential


Share:
AUD/USD Current Price: 0.7596
A strong bounce in US equities helped AUD/USD to trim most of its intraday losses.
Australia will publish the preliminary estimate of November Retail Sales.
AUD/USD needs to recover above 0.7640 to recover its bullish potential.
The AUD/USD pair gapped lower at the weekly opening, dragged by a dismal market mood, and hit a daily low at 0.7461 before changing course during US trading hours. The pair now trades around 0.7590, bouncing alongside US stocks.  Wall Street plummeted in pre-opening operations but trimmed most of its intraday losses after the close, helped by US stimulus news.

Related Keywords

Australia , , November Retail , November Retail Sales , Term Technical , ஆஸ்திரேலியா , நவம்பர் சில்லறை , நவம்பர் சில்லறை விற்பனை , கால தொழில்நுட்ப ,

© 2025 Vimarsana