AUDUSD Forecast: Risk Appetite Is Aussie Dollar's Charge for New Highs
(MENAFN - DailyFX) AUDUSD, AUDJPY and AUDNZD Technical Forecast Talking Points: AUDUSD put in for a 1.1 percent advance this past week putting the benchmark market in striking distance of 2021 highs A larger structural bull trend is going through a period of congestion which awaits a clear break between 0.7820 and 0.7560 for AUDUSD AUDJPY is more highly tuned to risk trends with a new two-year high facing heavy Fib resistance while AUDNZD deals with congestion Technical Forecast for Australian Dollar : Bullish AUDUSD Rebound Solid but Shy of Two-Month Range Top With risk appetite u...
Source: menafn.com